Nick Martell

Because do you live in a construction state or do you live in an obstruction state?

The vast majority of new units is being built in the West and Southeast of the United States.

That's right.

Rents in the Northeast and Midwest, they're still rising a bit because of hurdles to home building.

So in the Southwest and West, that new supply is opening its doors with a welcome mat and bringing rents overall down.

Especially in Austin, Nashville, and Phoenix, you're seeing the prices drop like the price is right.

If there's a bunch of new glass towers in your city, those are new units, and there's a good chance you can ask for lower rent right now.

I mean, even if you live in the seaport of Boston, have you seen that place, Jack?

Or San Francisco.

We've got a trick we think you could try, and right now it has a better chance than ever of actually working.

It's like a glass building with a soul cycle inside of a sweet green wind side of a glass box that's only filled with BU alums.

Cal colored workers.

Exactly.

So Jack, what's the takeaway for our buddies who want lower rent?

Asking one question can save you thousands of dollars.

Yeti's quick reminder here, but no obligation from that landlord to actually lower your rent.

Landlords are the opposite of UNICEF.

They don't want to keep you happy.

They want to maximize their collection of rent money.

But the last thing they want to do is for you to leave if not much demand is there to actually replace you.