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Not if they increase demand, as gentrification does!
by drb91 9y ago
Not if they increase demand, as gentrification does!
- BurningFrog 9y agoI know people think that happens, but economists haven't been able to see it. What does happen is that both housing construction and gentrification increase when the economy is going well. It's easy to think that one is causing the other when in reality they're both caused by an underlying factor.