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yasth t1_j7v1f4c wrote

Reply to comment by Calbinan in Manhattan rents hit an all-time high in January by WarrenBuffetsDriver

I mean they really don't, this is generally the slack period in the market. Often they sort of drift downwards in winter, and increase in summer.

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ironichaos t1_j7vnws3 wrote

When I was looking last summer the leasing agent told me the winter slow down is shifting due to a lot of people moving back in the city during the fall/winter of 2021.

No idea if the data backs that up but that was their antidote.

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yasth t1_j7vwv8t wrote

Oh sure, but no one really knows what the market will do, it is starting to look like this year will be rough for renters. The best case scenario is that some of the demand is just moved like your agent said.

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