I posted the following comment on that thread: I would call this article deliberately misleading. It tries to make the point that new luxury apartment constru

I posted the following comment on that thread: I would call this article deliberately misleading. It tries to make the point that new luxury apartment construction is bad for rent prices: >And ideally, developers say, building more units for wealthy tenants means they’ll move out of their smaller apartments, leaving them available to lower-income renters. An analysis out of the Joint Center For Housing Studies of Harvard University found this isn’t happening. The article then links to an analysis that contradicts their point by saying: >> expanding supplies of new luxury apartments pushed up vacancy rates, helping to slow rent growth.[2] The article tries to convince the user that these units are sitting empty: > one in four new luxury units built after 2013 remain unsold, according to the New York Times. That's an odd way to say three out of four of the new luxury units have been sold. [1] https://www.vice.com/en_us/article/z3bnme/tons-of-new-apartments-are-being-built-that-almost-no-one-can-afford https://www.vice.com/en_us/article/z3bnme/tons-of-new-apartm... [2] http://www.jchs.harvard.edu/sites/default/files/Harvard_JCHS_State_of_the_Nations_Housing_2018.pdf http://www.jchs.harvard.edu/sites/default/files/Harvard_JCHS...