Rent Drops Nationwide as Vacancies Spike

[Mark N.A]

Here's an interesting article on rent drops across the U.S.:

http://realestate.msn.com/article.aspx?cp-documentid=17203547>1=35000

Although this is based on apartment stats, I'm seeing it here with SFHs in selected areas, though not all.

Looks like approaching deflation to me -- the old 'good news, bad news' scenario. Good news for tenants, and for RE investors with cash. Bad news for overly-leveraged landlords or those who did not buy at enough of a discount to get through this.

Any one else experiencing this?