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What about markets with no restrictions. Because this same behavior is seen there too, even in small cities in the south or Midwest. Even in cities that let dev
by maxsilver 11y ago
What about markets with no restrictions. Because this same behavior is seen there too, even in small cities in the south or Midwest. Even in cities that let developers do anything they want, anytime they want to.
- dkopi 11y agoIts very likely that a newer apartment would be priced higher than an older apartment. But that doesn't mean new apartments don't have an aggregate effect on the prices of other apartments. http://cityobservatory.org/in-some-cities-the-housing-construction-boom-is-starting-to-pay-off/ http://cityobservatory.org/in-some-cities-the-housing-constr...