Intelligent_Bat7377

Intelligent_Bat7377 t1_j6y7bvt wrote

can anybody explain why all this new housing is being built in my area (at least 5 houses torn down and townhomes erected on my block alone) but my rent went up >20% in the last couple years? I’m constantly told that this will drive rent down but that is not what me and my neighbors are experiencing

edit: for context this is in tampa

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