"Study finds building a large market-rate apt. building in a low-income, gentrifying area tends to reduce rents within 800 feet 5%-7%. It looks as if new housing attracts relocating workers and prevents them from pricing out existing renters"

"Study finds building a large market-rate apt. building in a low-income, gentrifying area tends to reduce rents within 800 feet 5%-7%. It looks as if new housing attracts relocating workers and prevents them from pricing out existing renters"—@Noahpinion https://t.co/hXoyn7HxVd

— Erik Engquist (@erik_engquist) August 18, 2020