[6510]

You can ask as much as people are able to pay. You need a very large abundance for prices to drop and then they drop like a brick.

[davidw]

Rents are going down in places that have built more, lead by Austin, TX:

https://www.threads.net/@davidnwelton/post/C_T1ADRyAMi?xmt=A...

Markets are competitive, even with RealPage, so you can't really just "ask as much as people will pay", just like you can't at the grocery store either.