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Interesting analysis made possible from new data sources, pointing to benefits at the metro and local level for market rate housing
cvigoe
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2026-02-28T15:40:09.919341+00:00
“Mast estimates that building 100 new market-rate units leads to 45 to 70 and 17 to 39 people moving out of below-median- and bottom-quintile-income tracts, respectively, creating slack in the lower-end housing market. Almost all of this effect takes place within five years.”
cvigoe
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2026-02-28T15:42:44.997053+00:00
“Pennington looks at market-rate housing production in San Francisco, finding that it lowers rents by 2% within 100 meters of a development site. Within this radius she also finds that the risk of displacement to a neighborhood with a lower income falls by 17.1%, and eviction notices1 decline by 31% in rent-stabilized housing but do not change for non-rent-stabilized homes.”
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