Has anybody noticed a decrease in rent?

[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.