alt Hacker NewsIt would be higher if the rents dropped, but despite the massive oversupply that doesn’t seem to be happening.
‘Just build more’ YIMBY types should take note of this, though I’m afraid I don’t know what the solution is.
It would be higher if the rents dropped, but despite the massive oversupply that doesn’t seem to be happening.
‘Just build more’ YIMBY types should take note of this, though I’m afraid I don’t know what the solution is.
Our evidence from a wide range of cities is that those that build more housing have lower rent growth. Actual decreases are unusual though.