No, Really. Building More Housing Can Combat Rising Rents
Bloomberg News, Nov. 20, 2023-Sarah Holder
When it comes to housing, seeing is believing. To many, construction cranes are considered a grim harbinger of gentrification, not a sign that rents will soon go down. Urban and suburban residents alike, when asked in a 2022 survey about the expected effects of a sudden housing stock surge, overwhelmingly believed that rents and prices would go up or stay the same, not fall.
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