Except that new construction does NOT lead to lower rental costs. Yes, yes, supply-and-demand, market, blah blah blah. It's the simple reality: new constructi

Except that new construction does NOT lead to lower rental costs. Yes, yes, supply-and-demand, market, blah blah blah. It's the simple reality: new construction that increases housing density in cities does NOT lead to lower rental costs. The best results are one-time single-digit percentage decreases in rents immediately near the new construction.