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- 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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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode