More evidence that building housing makes housing more affordable
Berkeley rents fall amid construction boom
https://darrellowens.substack.com/p/berkeley-rents-fall-amid-construction
https://darrellowens.substack.com/p/berkeley-rents-fall-amid-construction
More evidence that building housing makes housing more affordable
2 Comments
StupidFatRat@lemmy.world · 5 pts · 2y
Completely unprecedented. there isnt an economic model in existence that could have predicted this. no one could have imagined that building more housing would bring down rents. no one.
CoffeeAddict@kbin.social · 5 pts · 2y
Supply & demand economics strikes again!
The only I have to add is they need to they need to build even more!