[mlyle]

> In most places new supply is high end and is making more housing available for people who don’t lack access.

vs. the article:

> ... how expensive new housing today would become affordable old housing tomorrow ...

[Spooky23]

With 1-2 family houses, that’s how it works. Not for high density.

For complexes, everything is based on depreciation cycles. Apartments typically get shittier over a relatively short timeframe.