More units available means lower rental prices (in general), which means renters should be able to save more money to purchase a home later. There's a big assu

More units available means lower rental prices (in general), which means renters should be able to save more money to purchase a home later. There's a big assumption baked in there that condos & houses don't get snapped up by existing landlords or rise in price faster than the savings rate of renters. But that's the thinking.