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this post was submitted on 08 Sep 2023
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Has anyone ever had their rent actually decrease? Serious question. I assume this is talking about people who are looking for apartments now, not people who are already paying hilariously high rents.
Find me a landlord that has ever lowered the rent for existing tenants, and I’ll eat the paint chips peeling off my poorly-maintained walls.
A friend of mine lived in downtown Boston during the pandemic. Like, across the street from the Garden. His building lost a TON of tenents when people fled the city since they could now work remotely. He was going to move as well, but then the building offered to reduce his rent by $700/month if he stayed. So he did.
Oh damn, that's excellent! Sounds like it was a do or die situation for the landlord. Guess I'll start sauteing some paint chips for dinner...
Anyone have another example from pre or post pandemic?
paint chips go well with some Salad if i may say so
So how much have they jacked it back up by?
No idea. He used the money he saved to help for a down payment in a condo.