The NYC Housing Crisis is Disrupting the Moving Industry in NYC, According to Oz Moving and Storage

United States - September 2, 2024 — As New York City's housing crisis intensifies, Oz Moving and Storage has observed a noticeable decline in moving activity. With rental prices soaring—now averaging nearly $4,400 for a one-bedroom apartment—and available housing options shrinking, many residents are finding it increasingly difficult to relocate. This shift has had a profound impact on the moving industry, as the city has seen a 17% drop in residential moves over the past year, forcing companies like Oz Moving to adapt to a changing market.The Housing Crisis and Its Ripple Effects

The NYC Housing Crisis is Disrupting the Moving Industry in NYC, According to Oz Moving and Storage

The NYC Housing Crisis is Disrupting the Moving Industry in NYC, According to Oz Moving and Storage

The NYC Housing Crisis is Disrupting the Moving Industry in NYC, According to Oz Moving and Storage

The NYC Housing Crisis is Disrupting the Moving Industry in NYC, According to Oz Moving and Storage

The NYC Housing Crisis is Disrupting the Moving Industry in NYC, According to Oz Moving and Storage