Very interesting. I’ve been living in a med size apt complex near West LA. It’s not dumpy enough that they can use ‘Luxury’ in the name of the apt complex. It’s 50 unit complex and recently (within the past month) they put up a sign promising $300 for referring a friend to rent a unit in the complex.
I’ve been at this unit about 1+ yr and it was 1st time I saw the sign. During the first few months I’ve been living here, any place that opened up was rented out pretty quickly.
I know a person (think a student) moved out to live with her boyfriend. Probably to save $.