Current Events > 'Pandemic pricing' is here. Rents are dropping across the US

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SodomInsane
06/17/20 2:20:36 PM
#1:


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Questionmarktarius
06/17/20 2:22:22 PM
#2:


Between this and Airbnb essentially collapsing, we've pretty much proven that high rents have been a simple supply/demand issue this whole time.
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wackyteen
06/17/20 2:23:45 PM
#3:


https://youtu.be/dt889tUZaLI

Maybe he'll finally be happy

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The name is wackyteen for a reason. Never doubt.
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DoubleDare
06/17/20 2:25:05 PM
#4:


My rent goes up in August tho :/

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kingdrake2
06/17/20 2:25:16 PM
#5:


i moved to a new place this month. paying at least 250$ cheaper.
easier on me in general in harsh times.

get to keep my dog too (here's a picture)

https://imgur.com/lg5AHtz
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Explorers In The Further Regions Of Experience, demons to some, Angels To Others: Pinhead
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EmbraceOfDeath
06/17/20 2:26:13 PM
#6:


I know prices in the big cities are ridiculous, but damn, $5k a month for a two bedroom? I was unhappy that the average for a one bedroom in my area was about $1300 (though I found a place for $1k).

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Trumpo
06/17/20 2:27:35 PM
#7:


5000 dollars a month for a shitty studio apartment is criminal
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Squall28
06/17/20 2:31:18 PM
#8:


It says it's because people are moving away from the big cities due to no jobs.

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SodomInsane
06/17/20 2:32:01 PM
#9:


Trumpo posted...
5000 dollars a month for a shitty studio apartment is criminal

That's NYC for ya.

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Timohtep
06/17/20 2:32:23 PM
#10:


Please lord let this also affect home prices in a good way
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kingdrake2
06/17/20 2:32:38 PM
#11:


Squall28 posted...
people are moving away from the big cities


big city's aren't the greatest of idea considering the pandemic. more people = more risks.
i was all in for moving to portland... not anymore.
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Explorers In The Further Regions Of Experience, demons to some, Angels To Others: Pinhead
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Keith_Valentine
06/17/20 2:33:45 PM
#12:


The rent is too DAMN high.
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DevsBro
06/17/20 2:35:15 PM
#13:


Questionmarktarius posted...
Between this and Airbnb essentially collapsing, we've pretty much proven that high rents have been a simple supply/demand issue this whole time.
What else could they have possibly been?

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Questionmarktarius
06/17/20 2:36:39 PM
#14:


DevsBro posted...
What else could they have possibly been?
Denial
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#15
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DevsBro
06/17/20 2:40:04 PM
#16:


Questionmarktarius posted...
Denial
Trump somehow.

Maybe he secretly implemented an excise tax on housing. And also paid people to rent it out so it would look like like economic equilibrium.

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Questionmarktarius
06/17/20 2:42:20 PM
#17:


DevsBro posted...
Trump somehow.
Plausible.
Trump has spent several decades building luxury apartments, largely because feelgoodism building codes prevent actual low-income housing from actually being built in any meaningful quantity.
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