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In Dublin there were 1,350 homes for rent, down from 6,700 in 2009.
A more typical scenario might involve someone who rented a $3,000-a-month apartment last year but received two months of free rent, bringing the net effective rent down to $2,500 a month.
More selfishly, of course, I'm glad to see the tourists in the building because they bring in lots of money, which helps keep the cost of rent down -- allowing not-for-profit organizations to afford office space with spectacular wraparound views of Manhattan.
While rent control holds your rent down, it also protects your noisy neighbors from eviction.
The Maginns negotiated the rent down to $2,500.
They are designed to appeal to conference guests during holidays too – helping to keep the rent down for students.
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Only Scotland recorded a fall, with rents down by 0.2%.
"They expect that they can negotiate everything they want, get rents down and get some rent free.
Moreover, a developer would have to add an awful lot of new square footage to bring rents down below construction costs.
"But some housing associations are putting the rents up more than others when they need to do more to keep rents down".
"We believe for the long term, the best way of bringing rents down is to increase supply," said Dan Orloff, spokesman for Greystar.
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CEO of Professional Science Editing for Scientists @ prosciediting.com