by Kevin Schofield
This weekend’s “long read” is a discussion of what happens to rental prices when developers build new market-rate housing.
There has been a raging debate the past several years among economists and housing experts on what happens when new market-rate housing is built in a neighborhood: Do rents in neighboring buildings go up, or do they go down? There are two schools of thought on this.
Continue reading Weekend Long Reads: What Drives the Cost of Housing?