I see this argument all the time: build up, create supply, and prices will fall. It's a common sense approach. But why do you think that will happen? It seem

I see this argument all the time: build up, create supply, and prices will fall. It's a common sense approach. But why do you think that will happen? It seems to me just as likely that if developers built high rises and rented 1 bedroom apartments for the current prices, they'd have no problem filling them at all. My opinion: I think increasing supply would entail a drastic change in the landscape of the area to the point prices would fall because of decrease in demand to live there (horrible traffic, etc.).