So I read the objection above not as “prices won’t drop if we don’t build enough,” which is perfectly reasonable. But rather as “prices won’t drop if we build e

So I read the objection above not as “prices won’t drop if we don’t build enough,” which is perfectly reasonable. But rather as “prices won’t drop if we build enough supply but the new construction is mostly targeted at the high end of the market,” which I think is not true.