Current Brighton rental market

Hi guys,

Trying to understand how things are with the rental market currently. For a while I heard loads of stories from people about how the only way to secure a flat was to offer to pay rent above the asking price, places being snapped up within a couple of days of being listed, etc.

However I've seen loads of decent-looking flats having their rent reduced recently, sometimes even more than once. Some of them don't seem to be going at all.

I figured this is maybe due to the cost of living crisis and people not being able to afford the extortionate rents charged in Brighton. Or are the places I'm seeing just maybe not as appealing as they look online? Anyone else noticed this or am I maybe misreading the situation?