This is true, the prices do drop. In Amsterdam at least it meant low income renters getting evicted so that people with roughly 2x their income could buy their

This is true, the prices do drop. In Amsterdam at least it meant low income renters getting evicted so that people with roughly 2x their income could buy their former homes. https://www.youtube.com/watch?v=t05cFv02pzY https://www.youtube.com/watch?v=t05cFv02pzY is an interesting discussion of this.