There's definitely progress.

But also, a lot of these landlords know they can charge higher because of the Live Downtown incentives. So you have some 25 yr old who can afford X but knows he/she is going to get a $5K credit to live downtown, and suddenly his/her housing budget jumps drastically. Take away the Live Downtown subsidization and landlords would not be getting these rental rates. Yet. Yes, that's the point right? But it also doesn't offer accurate insight into what the average downtown unsubsidized loft dweller is willing to pay in the current market.