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Anecdotally (Sunnyvale) I didn't see any offers to drop our rent to match what new tenants were getting, but you can always hack that by moving. Hell, maybe a
by nostrademons 6y ago
Anecdotally (Sunnyvale) I didn't see any offers to drop our rent to match what new tenants were getting, but you can always hack that by moving. Hell, maybe a bunch of 124,131 change of addresses are people moving internally to take advantage of reduced rents. (FWIW, offering 1-2 months free rent seems to be much more popular than actually reducing rent, too.)
- jxramos 6y agofor sure, I remember back in college days we'd play the pass the buck on the tv/internet account from one roommate to the next to secure the sign on deals and discounts. Makes sense.
- dbt00 6y agoI'm in the south bay too and I haven't seen as much as a dropoff as SF. I'm definitely anchored here with schools etc for a few more years and most of my neighbors are too. The folks I know who have been out of the area are mostly going to second houses in the Tahoe area, not moving permanently.
- panopticon 6y agoYeah, housing prices in the south bay have been solid/trending upward throughout all of this. Lots of good deals on apartments though.