Term used in the real estate industry specifying the percentage of unoccupied rental property. Typically the low vacancy rates in high interest rates environment signify a shortage of available rental property causing an increase in the rental yields.

This entry was posted on Wednesday, January 10th, 2007 at 12:24 am and is filed under Investing jargon. You can follow any responses to this entry through the RSS feed. You can leave a response, or trackback from your own site.