Living
Apartment Rents Are Plunging in the World's Richest Cities. It's Time For You to Negotiate
Desire for space and stuck-at-home students weigh on formerly desirable areas — but for how long?
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In the world’s big financial centers — from New York to Toronto to London to Sydney — rents for city apartments are plunging.
International students who normally bolster demand are stuck at home and young renters — the most mobile group in real estate — are finding fewer reasons to pay a premium to live in what is, for now, no longer the center of things.