• Clent@lemmy.world
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    4 months ago

    These articles are speculative on the cause. I don’t see any data on the supply increases.

    Some of these cities, didn’t increase supply. For example San Francisco saw similar decreases it they offer to exploration there.

    The rents decreases are year over year but are flat over a two or three period of time, it’s just as likely the rent increases were a bubble that popped and not because of some unspecified change in supply.