Submitted by _Hack_The_Planet_ t3_10p6m8o in boston
WinsingtonIII t1_j6j7uq8 wrote
Reply to comment by Quirky_Butterfly_946 in Maura Healey wants to solve the state’s housing crisis. Here’s step one. by _Hack_The_Planet_
This isn't the same principle as trickle down at all.
It's literally just "if there's more housing, it's easier to get". Which is basic common sense. Luxury buildings can't charge as much if there are too many of them, which means that the smaller landlords have to drop prices too since there is more competition for renters.
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