People who think that building more housing will lower rents don't understand https://en.wikipedia.org/wiki/Induced_demand https://en.wikipedia.org/wiki/Induced

People who think that building more housing will lower rents don't understand https://en.wikipedia.org/wiki/Induced_demand https://en.wikipedia.org/wiki/Induced_demand It will not bring rents down. Rents in the Bay Area, for example, will NEVER be "reasonable". Building more housing will only turn the Bay Area into LA, or NYC. Try living in any place with high density, it's still expensive.