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0 pointsdkopi9y ago0 comments

You can't judge pricing in a market that's very restrictive. Sprinkling a few higher density buildings in area with rapidly growing demand isn't going to be enough to lower prices.

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maxsilver9y ago

What about markets with no restrictions. Because this same behavior is seen there too, even in small cities in the south or Midwest. Even in cities that let developers do anything they want, anytime they want to.

dkopiOP9y ago

Its very likely that a newer apartment would be priced higher than an older apartment. But that doesn't mean new apartments don't have an aggregate effect on the prices of other apartments.

http://cityobservatory.org/in-some-cities-the-housing-constr...

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0 pointsdkopi9y ago0 comments

You can't judge pricing in a market that's very restrictive. Sprinkling a few higher density buildings in area with rapidly growing demand isn't going to be enough to lower prices.

0 comments

maxsilver9y ago

dkopiOP9y ago

Its very likely that a newer apartment would be priced higher than an older apartment. But that doesn't mean new apartments don't have an aggregate effect on the prices of other apartments.

http://cityobservatory.org/in-some-cities-the-housing-constr...

j / k navigate · click thread line to collapse