Quote Originally Posted by gopokes88 View Post
There's too many factors to tell, but overall history tells us rents go in one direction. Especially in a landlocked area of DT like Deep Deuce. If rents go down in 10 years that wouldn't be a good sign for DT, especially considering with inflation the prices of goods should 50% higher then today.
But rents aren't going to go a singular direction downtown. Downtown will not be homogenous the same way housing editions throughout the city are homogenous with their counterparts in a similar land area as downtown.

The average rent will likely increase for a period of no less than 10 years, but that doesn't mean that all rents will be higher. It will mean that there are some uber-expensive rents out there that bring the average higher, and that there will be a large share of newer or freshly renovated options that can and are charging a market average, but there will be units that lack amenities that become standardized over time and they will become cheaper because of that.