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13min chapter
Encore Episode: Market-Rate Development and Neighborhood Rents with Evan Mast
UCLA Housing Voice
Housing Developments and Rent Dynamics
This chapter examines the dual impact of market-rate housing developments on neighborhood rent dynamics, weighing potential benefits against the risks of gentrification. It highlights empirical research that suggests new developments may not universally lead to rent increases and explores community perceptions and reactions to these changes. The discussion raises important questions about supply and demand in low-income areas and the need for more nuanced research into the effects of new housing on local dynamics.
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