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In 2020, the Indianapolis–Carmel–Anderson metropolitan statistical area (MSA) had the sixth-highest employment concentration in the drugs and pharmaceuticals sector, rising to second among large MSAs (after the Durham–Chapel Hill MSA). [41] Indianapolis' life sciences sector is dominated by Eli Lilly and Company, founded by Eli Lilly in
The rental vacancy rate is an economic indicator which measures the percentage of rental homes or commercial spaces that are vacant. Residential vacancies [ edit ]
In 2021, the gross domestic product of the Indianapolis metropolitan area was (USD) $162.1 billion, among the 30 largest metropolitan economies in the U.S. [4] In 2021, the Indianapolis metropolitan area was home to three Fortune 500 companies and six Fortune 1000 companies. [9] The largest public companies based in the Indianapolis ...
November 27, 2007 - Indianapolis, Ind. maintained its standing as the most affordable major U.S. housing market for a ninth consecutive time in the third quarter of 2007, according to the National ...
Real estate benchmarking is the standard of measurement used to analyze the financial characteristics of a real estate investment property. In the general sense, real estate benchmarking refers to the comparison of potential real estate investment properties against a predetermined framework of measurement.
Rent control laws have stayed on the books for decades in New York because of an inadequate supply of "decent, affordable housing". [36] The worsening in the rental market led to the enactment of the Rent Stabilization Law of 1969, which aimed to help increase the number of available rental units.
"The average rental unit is $1,200 a month, and that's just absurd," Ross said. "A lot of people are working two or three jobs to show they can make three times the amount of rent to get an apartment.
Rental value is the fair market value of property while rented out in a lease. More generally, it may be the consideration paid under the lease for the right to occupy, or the royalties or return received by a lessor ( landlord ) under a license to real property . [ 1 ]
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