Is this expected since interest rates are high and listing prices are subsequently dropping? 

When you're talking about interest rates dropping I think you mean mortgage rates but the government isn't getting rich off of those.

So is it equally illegal when the large landlords drop rental prices in a building as vacancy increases and the market softens?

Hi Noy, I'm not active in the Pittsburgh market, but just wanted to drop in to say good luck!

If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.

@Anthony Sigala that "Rule" was created for mostly Class B properties BEFORE the Great RE Crash of 2008-2010.Values after the Crash dropped so much, that it could also be used for Class A rentals.Values are now more than their pre-crash highs, so the rule now only applies to Class B & C rentals.How are you identifying Class B & C submarkets in your area, so you can properly apply the rule to the right rentals?

LTV dropped to 50%. 30 yr fixed @ 4.3% LLC (2)• Investment condo - new construction high end purchased in 2019.

Alternatively, you would need to drop your rents by $500 or more to have the same impact on your cashflow and your value.

I have a feeling it was an internal "ball drop" that turned out to be very unacceptable.

Even if you make all of your payments on time there are times when something happens by accident or a collection pops-up and drops the credit scores.