Veterans, who has witnessed a long term rent decrease?

[Zach Davis]

I was thinking about how much rents have increased in my area in the last 10 years and decided to do a little research. I used the St. Louis Federal Reserve website to look up info on average rents and to my surprise, there was very little in the way of decreases on any long term basis. This is a national graph, not a local one and I'm sure there are markets that have seen very high vacancy rates or dropping rents but I take this is an overall good sign for our investments. My question is this: Have any of you seasoned vets experienced dramatic (10% or more) or long term (2 years plus) drops in rent prices?