Over 10 years ago I rented a folding couch right off of Pearl ST. Boulder, CO.
I stayed in the living room of someones 1 bedroom apartment for $300 a night instead of 1k+ a night for the equivalent at what amounted to a travel lodge motel. The prices there were out of control, no inventory, just awful.
There are "plausible deniability" cartels everywhere, it's and it's always nice to see their grip on a region drop.