But we've also had a massive influx of $ in the economy in the last year.

with MASSIVE interest in investing (stocks, real estate, private businesses and startups).

Not where I am at but that would be massive if they allowed that. 

Rent control provides a massive disincentive for developers to build new units which would ultimately reduce rents.

All that money went into the equities market causing massive inflation, which is what has been fueling the longest bull run in history (P/E ratios are far above their historic averages).

So many "red flags" yet you a) signed a contract without reading it, b) followed their advice and blindly ran up massive amounts of credit card debt, and c) didn't have second-thoughts within the three day attorney review period?

That is not to mention the massive commercial investments happening throughout Poughkeepsie right now.  

Hi @Ellie Pappas up in Saratoga around the horse racing track there is a massive tourist scene that occurs from Mid July to Early September.

Add in massive inflation and cheap markets actually start to appreciate faster than historically in-demand markets, simply because people are literally forced to move there to survive.

Chicago is a massive metro area, it's never going anywhere long-term.