Has anyone else seen the bottom fall out of the small unit market in their locales? It's happening in Toronto and I've read that in the New York metro area similar trends are being seen. Glad to see that people are finally realizing that life in a literal doghouse isn't worth 2000+ a month.

Also I take issue with this article saying he put the unit up for rent "below market rate". If nobody was willing to fill the unit at the previous cost, then it was above market rate, and the new one is much lower.

https://financialpost.com/real-estate/tiny-condos-now-the-biggest-losers-in-toronto-real-estate-market-shakeup?fbclid=IwAR3USTStk50TJjwrzkrwRtp71_Mqb1tHdKjtQztU1PKz2sdbSiK0sNn2mco