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News@lemmy.world · 10 months ago

Apartment rents are on the verge of declining due to massive new supply

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Apartment rents are on the verge of declining due to massive new supply

return2ozma@lemmy.world to

News@lemmy.world · 10 months ago

A year ago, rents were posting 11% annual growth. Now they look like they're about to go negative year over year.

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Remmock@kbin.social
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10 months ago
Only because I looked at the apartment complex’s website and saw my apartment type listed $150 under what I was paying.

Edit for clarity: I went down and arbitrated a reduction.

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