@davidaugust seems like you can't read or I don't know. What I meant was: 1) the trend of rent prices growing for a nice downtown apartment is the very same for most major and popular cities no matter of typical rental laws. 2) Prices are driven by a lot of factors. 3) corporate greed is likely one of such for some of US cities, but not the ground reason: if there was not it - you still would not have your apartment for 700 now. 4) btw, tenant protective laws push prices high also