The chart gives us information about how much it costs per square meter to rent an office for a year in five cities worldwide, WHEREAS the table indicates the percentage of offices that stood empty in 2008 and 2013. Seen together, there appears to exist a relationship between the vacancy rates and the cost for renting an apartment.
In general, the office rents increased over the five-year period. However, in 2013 there was one exception to this: in city D, the office rents decreased from 2008 to 2013 to just over 500 dollars. By 2013 city B had replaced city A as the city with the highest rents. In 2013 city B’s rental cost reached around 2250 dollars, while city A’s one had just gone below 2000 dollars. On the other hand, city D experienced a significant drop and replaced city E as the town with the lowest rents.
Turning to the table, the general trend showed lower vacancy rates in 2013 than in 2008. In other words less offices were empty in 2013 than in 2008. Both city E and city B experienced a significant drop in the offices that stood empty in 2013, 2% and 9% respectively.
In conclusion, based on this charts, it would appear that lower vacancy rates lead to higher rental prices.
The chart gives us information about how much it costs per square meter to
rent
an
office
for a year in five
cities
worldwide, WHEREAS the table indicates the percentage of
offices
that stood empty in 2008 and 2013.
Seen
together, there appears to exist a relationship between the vacancy rates and the cost for renting an apartment.
In general
, the
office
rents
increased over the five-year period.
However
, in 2013 there was one exception to this: in city D, the
office
rents
decreased from 2008 to 2013 to
just
over 500 dollars. By 2013 city B had replaced city A as the city with the highest
rents
. In 2013 city B’s rental cost reached around 2250 dollars, while city A’s one had
just
gone below 2000 dollars.
On the other hand
, city D experienced a significant drop and replaced city E as the town with the lowest rents.
Turning to the table, the general trend
showed
lower vacancy rates in 2013 than in 2008.
In other words
less
offices
were empty in 2013 than in 2008. Both city E and city B experienced a significant drop in the
offices
that stood empty in 2013, 2% and 9%
respectively
.
In conclusion
, based on
this
charts, it would appear that lower vacancy rates lead to higher rental prices.