Rental Prices Coming Down

I started as a rental agent in Chicago in 2009. They were giving things away to get people to rent their place. Then in 2010 to 2012, the job market in Chicago took off! Rental prices jumped 29% in one year. People who could afford a 1 bed for $1500 a month had to move in studios for the same price. Then they started plans to build many more properties. As a result of the slowing job market and the increase inventory, the prices have dropped for the first time in years. The buildings are offering 2 month free, and increase our payout from 3/4 a month commissions to 150% in some cases. All this with just 5 of the 22 new buildings completed. I predicted this was going to happen. It's now a renter's market!