And when demand goes up a lot, you end up having prices go up. Now, now, now, here's, here's what Scott Besant reported. Scott Besson said that last month, Apartment rents fell 1.1% compared to the same time last year. And they dropped 5.2% compared to the same time period in 2022 when rents had peaked under Joe Biden. And, and Bessant did an interview on, on Fox Business Channel where he said rents are down. (03:31–03:38)
CLAIM
Asserts that apartment rents decreased by 1.1% compared to the previous year.
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