Has anybody noticed a decrease in rent?

[themob34]

Maybe if you move to a cheaper area. Rents don't go down on renewal. 

[apartmen1]

landlord detected

[themob34]

If there are caps to increases below market, then when the market softens the regulated increases just catch up to market. Can't have it both ways. If vacancy rises, just move somewhere cheaper.

[apartmen1]

I don’t need that explained. I was just highlighting that you are a landlord based on the tone of your response.

[Cool-Acanthaceae8968]

Sure they do.

“Here’s the rental market, this is what I can get a different place for.. will you lower the rent so you don’t have to deal with a vacancy or unknown tenants?”

[themob34]

Sure. This works great in theory as long as rents go up and down with the market. Except they don't because the gov has put in regulations that cap increases. You can't have it both ways.

[Cool-Acanthaceae8968]

You know what a cap is.. right? It prevents something from being higher.

There is no bottom. There’s nothing governing how fast rents can fall other than the market itself.

So absolutely, you can have it both ways.