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A bad week for the Yimby narrative

Tim Redmond
Friday August 10, 2018 - 01:56:00 PM

New studies show that building more market-rate housing for rich people doesn't bring down rents for everyone else.

It is not a good week for the Yimby argument.

In a series of reports, studies, and articles, the claim that building more housing for rich people will bring down prices as been challenged, if not debunked. The new evidence suggests that the only falling rents are at the very top of the scale – for the rest of us, that new housing is not bringing any relief at all. 

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