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February 27, 2009

Comments

brandon

I've been looking around town as well. I've noticed that many are trying to extend the lease periods, and offering a month or two free. If that isn't a red flag that they see rent rates going lower, I don't know what is.

rcyran

Sounds familiar! I'm moving tomorrow too. Twice the space, nicer neighborhood and working fireplace for $200 a month more than I'm currently paying. My guess is that the same place would have been 50% more last year.

Deflation has its benefits!

The amount rents have fallen is pretty staggering - umm, you think this might just affect sales prices?

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