3 ms·
If housing costs in your area were elevated, great, these 10+ will help bring supply & demand back to reasonable levels and allow locals to save money or spend
by runako 4y ago
If housing costs in your area were elevated, great, these 10+ will help bring supply & demand back to reasonable levels and allow locals to save money or spend on other things. This is good!
If housing costs were not elevated, it still makes sense to build as you can see that your town needs between 1 and ~7 of these (or equivalent) built annually just to absorb population growth at recent trends. Housing takes a long time to permit and build; it's great that builders are willing to build ahead and slow rent growth in future years. This is what we should have been doing everywhere.