Re: Unless they're being built as luxury apartments


[ Follow Ups ] [ Post Follow Up ] [ UCLA Open Forum ]

Posted by Dr.J on December 29, 2024 at 08:43:14

In Reply to: Unless they're being built as luxury apartments posted by blindness on December 28, 2024 at 23:15:04

Even those have an affect on the market if enough total units are built to outstrip demand in that market. Obviously a combination of housing types is better; and requirements for lower income units help even more.

The problem is a combination of developers (who want to keep rents higher) and NIMBYs (who want people to live somewhere) else coalesce to suppress the number of units built below the number needed to meet demand.


Follow Ups:



Post a Followup

Name:
Email:
Password:

Subject:

Comments:

Optional Link URL:
Link Title:
Optional Image URL:


[ Follow Ups ] [ Post Follow Up ] [ UCLA Open Forum ]