Expanding Housing Supply Slows Rent Growth in Older, Affordable Units
New housing construction can help slow rent growth and reduce rent burdens for low-income families, while blocking construction can worsen rent burdens and increase displacement.
Pew Report: Increasing Housing Supply Could Reduce Rent Burden for Low-Income Renters
Increasing housing supply, both at the regional and neighborhood level, can significantly slow rent growth and benefit low-income renters the most by relieving pressure on the lower end of the housing market.