Absolutely it makes a difference to anyone who knows basic math. A tweet picks an outlier and then has to cut almost another $100 off to make their point? Talk to me when rents are down that low across the board.Qrewpt wrote: ↑ Does that really make it better? Just semantics, should have said in the $1500s but you get the idea.
Do you think price won't get reduced further to $1500? What stops rents from dropping further? Seems like we all of a sudden have a lot of supply coupled with less demand...not sure we've seen bottom yet.
We probably haven't bottomed but let's stop pretending that the few outliers who are desperate are reflective of all the owners who bought the condo for like 300K a decade ago.