Duke Tower Kitchener | 39 fl | completed

[panamaniac]

Any signs yet that rents are coming down?  I suppose DTK might resist what seems inevitable over the next few months.

I don't know.  Is $1500 for a 765 square feet 1 bedroom going down?

No idea, as I have never rented in Kitchener.  I'm just thinking that there are going to be hundreds (thousands?) of vacant apartments in K-W by September, which makes me think that rents should be coming down.  I know of several people here in Ottawa who have renewed their leases and negotiated a small reduction in their rent.  I don't know how widespread it has become.  Would it not usually be June/July when students are looking for apartments for the coming year?  Although, as I said before, DTK might be the part of town least affected by this, if it's happening.