Sci Show: The construction of large new apartment buildings in low-income areas leads to a reduction in rents in nearby units. This is contrary to some gentrification rhetoric which claims that new housing construction brings in affluent people and displaces low-income people through hikes in rent.

Sunday, May 9, 2021

The construction of large new apartment buildings in low-income areas leads to a reduction in rents in nearby units. This is contrary to some gentrification rhetoric which claims that new housing construction brings in affluent people and displaces low-income people through hikes in rent.

https://ift.tt/3xVG7iO via /r/science https://ift.tt/3expfr3

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