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
Sweet-MamaRoRo t1_j4qg47p wrote on January 17, 2023 at 3:33 PM I mean if they aren’t fixing prices this might be true but wasn’t there just a big story about how landlords are price fixing and raising rents in unison? They need to be regulated. Permalink 0
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