Research Roundup: New Market-Rate Housing Makes Nearby Housing More Affordable
UCLA Lewis Center for Regional Policy studies has released a roundup of recent research studying the effect of market-rate development on neighborhood rents.
The paper revealed that of six research studies conducted in the past two years, five found that market-rate housing makes nearby housing more affordable across the income distribution of rental units, while one found mixed results. Download the full twenty-page report here.
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