[TJTorola]

I can't say for sure if this is what Foobarqux was referring to but this article https://news.ycombinator.com/item?id=11708873 came up a couple weeks ago which states

> Tim Redmond of 48 Hills has argued that building more housing would make the problem [high housing costs] worse because the people who would move into it are likely to be wealthy newcomers whose demand for services will increase low-income employment, putting further pressure on older, lower-cost housing.

[bduerst]

Maybe in rural America, but in SF it would relieve the downward pressure creating by outbidding.

Right now people are being outbid on homes they would normally win, and in turn are overbidding on lower-priced housing. Increasing the supply even at the high-priced end would help reduce the displacement.

[dragonwriter]

The affordable housing requirements to qualify for the streamlined process should mitigate this effect, to the extent that it's real in the first place.

[justizin]

this is a reduction of current affordable housing restrictions, and "affordable" / Below-Market Rate housing is currently awarded by a lottery which is harder to win than the actual lotto.

[foobarqux]

Yes, there are a number of similar arguments.