Was it in a multi unit building? A guy renting out one condo has an incentive to avoid letting it sit. But a person renting 100 units in a building would rather

Was it in a multi unit building? A guy renting out one condo has an incentive to avoid letting it sit. But a person renting 100 units in a building would rather have it sit than rent it out for $100 less and then having every future (and perhaps existing) tenant expect to pay that new rate.