alt Hacker NewsOur evidence from a wide range of cities is that those that build more housing have lower rent growth. Actual decreases are unusual though.
Our evidence from a wide range of cities is that those that build more housing have lower rent growth. Actual decreases are unusual though.
Inflationary policy continues to exist, also it is rare to have a true overabundance of housing. But places like Detroit show prices can go down in the right conditions.
Commercial leases have their own quirks and long timelines that encourage waiting on a better price. Perhaps a tax on vacant commercial units.