In two weeks I move out of my $2,800/month, 3 bedroom apartment in Boston, MA. We're moving to a lower cost-of-living city.
Our upstairs neighbours, who share a 3 bedroom apartment are also all out. One moved to Denver (job opportunity), the other two are finding a more affordable alternative outside the city. These are young professionals who enjoy a patio and drinks on a Friday.
Our landlord originally listed our unit back at $2,800/month but I see it's now at $2,500/month.
Our upstairs neighbours, who share a 3 bedroom apartment are also all out. One moved to Denver (job opportunity), the other two are finding a more affordable alternative outside the city. These are young professionals who enjoy a patio and drinks on a Friday.
Our landlord originally listed our unit back at $2,800/month but I see it's now at $2,500/month.
My anecdotal evidence of the shift :)