[tshaddox]

I haven’t seen these supposed rent drops in SF or the Bay Area either. My lease in the peninsula is up next month and the rent is increasing about 8%, and that’s aligned with the prices I’m seeing elsewhere for comparable apartments.

[iancmceachern]

We've known multiple people whom their building was expecting they'd continue their lease at the higher rent while offering the lower rents to the general public for new tenants. I'd encourage you to find out what they're advertising rents at for new tenants and then hold them to that advertised rent.

[tshaddox]

The available units listed on the website are even slightly higher prices.

There’s another nearby building that’s extremely similar (same developer, I believe, and very similar floor plans, appliances, and amenities). Last summer comparable units in that building were priced the same as in my building, but are now a ludicrous 20-25% higher than my building.

[arcticbull]

Things are rising a bit now but if you jumped into a new place in like 2021, the discounts were pretty absurd.