Pinned
Here is the research that proves that YIMBYs are right.
Also stop saying that the point of new housing is so it filters in 30 years.
The point of it is that it creates vacancies NOW in the existing buildings that people move Out of in order to move Into the new building.
Official working paper and policy brief for āThe Effect of New Market-Rate Housing Construction on the Low-income Housing Marketā
WP: research.upjohn.org/cgi/viewcontenā¦
Brief: research.upjohn.org/cgi/viewcontenā¦
An earlier version made the rounds---this update fleshes it out a bit. Key results:







