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Science Vs

Who Killed Affordable Housing?

Jun 22, 2023
35:26

Podcast summary created with Snipd AI

Quick takeaways

  • New developments may not directly inflate nearby prices, challenging the perception of greedy developers.
  • Airbnb listings contribute to increased rental rates, reducing long-term rental options and impacting housing affordability.

Deep dives

Developers and Housing Prices

Developers are often vilified as profiteering off the housing market. The common perception is that they raise neighborhood prices. However, new buildings may not directly inflate nearby prices. Studies show that the correlation between new developments and rising rents is often misunderstood.

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