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Building high end units does help the housing market for low incomes. This article explains it pretty well. http://cityobservatory.org/urban-myth-busting-new-r

• pfranz 9y ago
  The quote in that linked article, "As new housing ages, it depreciates, and prices and rents decline, relative to newer houses" links to another article they wrote[1]. That article just shows a graph showing rental price vs age of a home. Its already established now housing is typically built for mid/upper class--where else would everyone else go? It doesn't show that lower class housing is being properly addressed, it's just using circular logic to prove itself right. [1] http://cityobservatory.org/what-filtering-can-and-cant-do/ http://cityobservatory.org/what-filtering-can-and-cant-do/