As rental applications surge, jobseekers have flooded to the industry. It’s often far less appealing than they thought
a year, meaning the average agent can’t afford the average monthly rent of $5,000 themselves.
Some agents describe feeling guilty watching renters pay staggering rates for tiny spaces. “When you see people paying such large fees up front for these units, it does make you gulp. Deep,” says Dailey.n a recent Sunday afternoon, 25 people stood sweating in a narrow stairwell on West 11th Street, waiting to see a one-bedroom apartment Sanai was showing for $4,195 a month.
Visitors to the open house included a 32-year-old construction manager who said being a broker was a “cheap job” – “like, ‘Wham, bam, thank you ma’am.’”
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