> Literally nobody I know actually pays 3.5k a month for rent Thats because rent numbers are based on the 1.34% rental vacancy supply on the market at that poi

> Literally nobody I know actually pays 3.5k a month for rent Thats because rent numbers are based on the 1.34% rental vacancy supply on the market at that point in time, self-reported by landlords. People very frequently move in with people and other arrangements. So less than half or even 1/4th of new renters any given year actually pay the "market rent".