the "but are the new units affordable" trope fails every time when we actually build quantity
Reposted from
Ari Ofsevit
Wait I was told that building more housing does not lead to lower rents.
finance.yahoo.com/news/move-ov...
finance.yahoo.com/news/move-ov...
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then
“Despite the incentives, the Denver area still isn’t a cheap place to live. The median apartment rents for around $1,800 a month.”
The trend is amazing but let’s keep it up because 💸💸💸