Viewing a single comment thread. View all comments

[deleted] t1_j50xnak wrote on January 19, 2023 at 5:10 PM

Reply to comment by cantdressherself 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

yes so simply saying "more housing = lower rent" is obviously not the entire equation

cantdressherself t1_j61sjwn wrote on January 27, 2023 at 2:32 AM

I mean, it will lower the rents somewhere. Maybe not right next door, but someone somewhere lost a buyer or a renter.