'Renters' market' — Fewer foreign students means lower rental rates, Windsor landlords say | windsorstar.com
'Renters' market' — Fewer foreign students means lower rental rates, Windsor landlords say | windsorstar.com
'Renters' market' — Fewer foreign students means lower rental rates, Windsor landlords say
Quotes are directly from the article. Below is NOT the full article. Visit the link for the full text. Written by Dave Waddell of the Windsor Star, on the 11th of July, 2025.
"Less foreign students and more residential units in the local marketplace means Windsor area renters are getting cost-of-living relief. Article content
“There’s just an overwhelming inventory. It’s almost a renters’ market,” said Goldmar Property Management owner Patrice Surette.
“What we’re seeing is tons of listings and they’re not moving as quickly,” adds Dan Gemus, co-owner of Dan Gemus Real Estate Team."
"Surette describes the past year not so much as a price decline as a market adjustment.
“Maybe the market was overly inflated, but the market is coming back to where the rents should be,” Surette told the Star. “It’s great for tenants."
Looks promising! Lower rents is better for everyone.