Well, most people can’t afford market rate units in a high demand metropolis. Increasing supply will just allow paying off people to move via a buyout. The mark

Well, most people can’t afford market rate units in a high demand metropolis. Increasing supply will just allow paying off people to move via a buyout. The market rate will only go down when capital views vacant units as cutting into their investments, which won’t happen in a world where real estate is considered an asset.