Increasing inventory generally leads to lower prices across the board or improved services as businesses move back into the area to support new residents. In other words, a big boost in inventory should lead to a drop in what that market rate is.

And with the bubble popping on our low interest inventory scarcity market that's driven up costs, the effect should be magnified, especially since the first of these units should be coming onto the market about the time that the market has stabilized at it's new, lower floor and people are looking to buy once again.

Maybe you're different, but I prefer a city with fancy-ass buildings than vacant and decaying ones, even if I don't personally live in them.