And so it has begun! Officially! Rents are down 2.4 percent in October, and continued their fall over the course of last month, too. Expect no end in sight until this whole depressionrecession thing wraps up, apparently. But don't necessarily expect a glut of cheap places on Craigslist all at once: some landlords are sitting on their nicer units in hopes of getting higher rents. Tip for squatters! [SF Examiner]
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