Rents for the Rich are Plummeting. Rents for the Poor are Rising. Why?

Washington Post, March 22, 2021–Catherine Rampell
The rental housing market over the past year has seen rent hikes on lower-quality housing, generally occupied by the most financially insecure tenants, and steep discounts on luxury apartments catering to the rich.
https://www.washingtonpost.com/opinions/2021/03/22/rents-rich-are-plummeting-rents-poor-are-rising-why/?