Relevant:
- Renters are next victims of the housing market
- Apartment Rents Decline in U.S. West as Unemployment Increases
- Manhattan Apartment Renters Winning Price Cuts From Landlords
- Manhattan Apartment Rents Jump 9.5% as Would-Be Buyers Hold Off Purchases
- NYC Apartment Rents Drop 7-10 Percent, National Vacancies Highest in 22 Years
2009-04-08 — wsj.com
"The nation's apartment market deteriorated in the first quarter as rising unemployment dashed landlords' hopes that the housing downturn would create a soft landing by bringing former homeowners back as renters. "
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