Yeah, but: "Even after a 3.5% decline in new-lease rents since last summer, rents in many cities remain 20% or 30% higher than they were when the pandemic began. Rents in the Tucson, Ariz., Tampa, Fla., and Miami metros are all 35% higher than in March 2020." #rent #housing #inflation https://www.wsj.com/articles/apartment-rents-fall-as-crush-of-new-supply-hits-market-2403c6ea