this post was submitted on 26 Apr 2025
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A 1% increase in new housing supply (i) lowers average rents by 0.19%, (ii) effectively reduces rents of lower-quality units, and (iii) disproportionately increases the number of available second-... (www.journals.uchicago.edu)
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The original was posted on /r/science by /u/smurfyjenkins on 2025-04-26 18:34:32+00:00.

Original Title: A 1% increase in new housing supply (i) lowers average rents by 0.19%, (ii) effectively reduces rents of lower-quality units, and (iii) disproportionately increases the number of available second-hand units. New supply triggers moving chains that free up units in all market segments.

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