I don't think this assumption is always true. For example, Estonia has been building many new dwellings, but prices are increasing incredibly, while a quarter

I don't think this assumption is always true. For example, Estonia has been building many new dwellings, but prices are increasing incredibly, while a quarter of buildings stay unoccupied[1]. [1]: https://news.err.ee/1608648397/statistics-almost-a-quarter-of-dwellings-unoccupied-census-data-shows https://news.err.ee/1608648397/statistics-almost-a-quarter-o...