Rents are going down. I am moving this weekend, and in the 2 months I've been looking a bit, it's very, very obvious. At first, it was just that you no longer h

Rents are going down. I am moving this weekend, and in the 2 months I've been looking a bit, it's very, very obvious. At first, it was just that you no longer had to essentially arrive with 3 months of rent in hand and sign on the spot. Next, there was emphasis on how "this is the only property at X price" (which was false on it's face). When we finally signed, the leasing agent told us "if the price is too high, make an offer." So we came in 10% below list price and asked for a discounted first month of rent. They agreed immediately. Stories like this are common to anyone currently in the process of finding a new apartment.