Anecdotal, but in my building and several of my friends the landlords are just letting units sit open for months, as they flat out refuse to lower rents. They'r

Anecdotal, but in my building and several of my friends the landlords are just letting units sit open for months, as they flat out refuse to lower rents. They're actually remodeling one of them in an attempt to justify the(really, honestly ridiculously high) rents. So they may be dropping on the high end, but across a lot of people i've talked to the low to mid end is stubbornly holding strong and refusing to see the writing on the wall that a beat up older apartment building just... isn't worth this much. I have seen rents overall dropping on craigslist, especially for larger harder to rent units. They're down quite a bit from this summer if you're willing to split a 3+ bedroom apartment or house, when they were absolutely stratospheric before(often close to the same as just renting multiple cheap studios)