Besides the fact that your hostility is unnecessary, rent prices very rarely decrease. There’s been a good deal of journalism investigating this in recent years, especially in my metro area of Seattle. Landlords would rather leave something sitting empty, potentially even off market, waiting for market rents to increase back to their target, than ever let the rent prices fall. This is especially true for landlords who own multiple units: they’ll often trickle those units out one or two at a time to avoid flooding the market, to artificially keep prices high.
This is so much of a thing that there was even a federal investigation into it (particularly the SaaS service used to help feed the data driving this trend).
This is so much of a thing that there was even a federal investigation into it (particularly the SaaS service used to help feed the data driving this trend).