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sjandixksn t1_j4skibl wrote

Reply to comment by stu54 in 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. by smurfyjenkins

I literally was saying the opposite.

Real estate professionals would love for there to be nk environmental restrictions. You can't put that on us. That's your average homeowner. Not your re investor or developer.

If you think it is you don't understand as much as you think you do.

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stu54 t1_j4st38u wrote

What I meant by "environment of legal restriction" was strict building codes, stubborn approval processes, and zoning. I wasn't talking about environmentalism.

Environmental restrictions can fulfill that function of restricting supply in a way that benefits landlords, but the developers would be burdened with extra costs for surveys.

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