Thought you might be interested in this article in the New York Times today:
Apartment Glut Forces Owners to Cut Rents in Much of U.S.
November 29, 2003
By DAVID LEONHARDT
http://www.nytimes.com/2003/11/29/business/29RENT.html?ex=1071093823&ei=1&en=35377dde9e2ade80
Edited due to...