When will we seen rent go down? Especially the rent in New York City??? Here’s what to look at to determine whether your city may see a drop in rent prices: 1. Rent payments: are tenants paying? 2. Flight to affordability: are people fleeing your city because of inflated costs? 3. Wages and the labor market. In this video I explain the economic indicators behind decreased rent then look at rent in New York City as a case study. #rent #rental #inflation #economy #recession #investment #realestate #business #markets #unemployment #job #nycapartment #nycrentals #newyorkcity #newyorkcityapartment #housing #housingcrisis #nyclife #housing #rentprices ##greenscreen