Thanks for the link. That article only links to a single correlation study, and that study only shows what we know: if high income earners rent much of the give

Thanks for the link. That article only links to a single correlation study, and that study only shows what we know: if high income earners rent much of the given supply, rents for low income families increases, too. That doesn't help with the question of more housing lowering rent prices. My point was: If more housing gets built, what does high income earners prevent from moving to town and renting that, too? The article makes a fundamental error with that car market analogy, BTW. Cars are consumables that get bought to be driven by the buyer. Houses in cities are investments that are built to be rented out. Completely different market dynamics. That the author makes a grave error like this while blogging about urban planning is a bit scary. What I meant are real longitudinal studies that track rent price development and increasing supply over time, preferably in Europe, where the rent market works quite a bit differently than in the US. The vast majority of housing in Berlin is for rent.