New apartment buildings in low-income areas lead to lower rents in nearby housing units. This runs contrary to popular claims that new market-rate housing causes an uptick in rents and leads to the displacement of low-income people. doi.org Submitted by smurfyjenkins t3_10dlzf9 on January 16, 2023 at 5:51 PM in science 69 comments 182
0llie0llie t1_j4p4w96 wrote on January 17, 2023 at 7:20 AM Doesn’t actually lower the rent, just reduces the speed at which it’s jacked up Permalink −1−
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