Higher rents more likely to come down than lower rents

[Erik Sherburne]

As the rental market stays hot the rates are increasing quite a bit year after year.   I don't see how that continue.  When that slows or retreats does anyone have an experience, anecdotal or otherwise, as to how that affects various rental price "brackets".    Will an $1800 rental pull back to $1700?  $1650?   While a $1200 rental would pull back to $1150?   The $1200 will always be more affordable and that is where I continue to invest but the $1800 has a higher upside, my concern is just where we are in the market cycle now.