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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 wr
by 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/