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hannibalbaracka t1_iuyr0gg wrote

Reply to comment by Head_Acanthisitta256 in Mayor throws support behind Innovation QNS as potential rejection looms by Groundbreaking_Tank2

Hi friend!

Here's all the best data on how "luxury housing" decreases rents! Just from a basic level, if you build no housing, and more people come in to the area, displacement will increase. If you build more housing, there will be less displacement. Really simple!

https://www.lewis.ucla.edu/research/market-rate-development-impacts/

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Head_Acanthisitta256 t1_iuyrl15 wrote

Who’s this “more coming to the area”? The city population has dropped the past two plus years.

There’s already displacement BECAUSE of these units. Rents are rising artificially through these developments. This UCLA “study” is conveniently ignoring that fact.

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hannibalbaracka t1_iuysgkx wrote

The UCLA research roundup (it's not a single study) actually talks very specifically about the role of development on displacement. If you think it "ignores that fact" it means you didn't actually read all 18 pages! Which makes sense considering you responded to my comment 4 minutes after I made it.

>There’s already displacement BECAUSE of these units. Rents are rising artificially through these developments.

It would be really great if you could provide any evidence of this fact, beyond "I've seen an apartment building in the area, and also my rent has increased" which is a correlative statement, not a causal one.

Your anecdotal evidence means nothing when we have actual clinical data points that prove the reverse of your argument.

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BraveSirZaphod t1_iv1ph35 wrote

>Which makes sense considering you responded to my comment 4 minutes after I made it.

Jesus Christ, just take the poor lad out back and put him out of his misery at this point lmao.

Thanks for bringing some actual research into these discussions though. That doesn't happen nearly enough.

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Head_Acanthisitta256 t1_iuyv7od wrote

Show me where this so called research roundup shows data from the rising rent of western Queens where there are thousands of new units built since ‘01.

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hannibalbaracka t1_iuywj65 wrote

The research roundup shows that market-rate housing (that you call luxury housing) is not responsible for increasing rents!

If you have particular evidence (not anecdotal data, but actual proof that rents are rising not because of increased demand because of increased supply) that this is untrue in Queens, the burden is on you to show that.

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