And it's not even that, rental prices in Seattle haven't declined, just the percent growth rate in rents year-over-year is declining.
Which makes it even more ridiculous to see them lamenting it. They seem to feel like they deserve double-digit rental growth rates every single year, and "falling" to a single-digit growth rate just won't cut it.
Which makes it even more ridiculous to see them lamenting it. They seem to feel like they deserve double-digit rental growth rates every single year, and "falling" to a single-digit growth rate just won't cut it.