This is (temporarily) a great thing for anyone who isn’t a landlord but

“If you’re looking for a rental and you’ve noticed a lot of new apartments popping up in your neighborhood, it may mean you have room to negotiate on price or ask for concessions like discounted parking or a free month’s rent,” said Redfin Senior Economist Sheharyar Bokhari.

is the exact kind of shit I’d expect to come from a Redfin Senior Economist. Landlords will come together and fix prices. It’s what they always do; “competition for the poors, collaboration for the rich,” is how this country’s economy actually functions.