Of course more people would consume the additional housing. Did you think the proponents planned for it to sit empty? There is some rank ordering for access to

Of course more people would consume the additional housing. Did you think the proponents planned for it to sit empty? There is some rank ordering for access to housing in desirable places. They take in N households. In a market economy, a small value of N shows up as a high price. Of course a lower price would correspond to a higher value of N. That's not some kind of counterintuitive cause and effect relationship, it's the same fact. The point is that more people get to satisfy their desires to live in cities. Living in a city stops being something reserved for the top N households.