Is it okay to renegotiate lease terms by reducing rent 10%?

[Derek Vaickus]

Some data shows that rents have already decreased 6 to 10% depending on region and location. My lease terms are currently up for renegotiation. What is a good approach and strategy to ask my landlord to reduce rent?

I love the place but I’m willing to stay for 2 more years if the rent is 10% less. 

[Steve Morris]

"I love the place but I’m willing to stay for 2 more years if the rent is 10% less."

I don't think it's unreasonable, since new lease-ups in new const in Portland are giving a free month for a year lease.

Remember, this biz is give-to-get :)