Comment by mathattack

The last paragraph should temper our enthusiasm. Allowing people to build more when there is a shortage is the best way to have markets solve problems.

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“ Meanwhile, the pipeline of new apartment buildings is drying up. The number of properties under construction is down by roughly one-third from the peak in 2023, the report found. That likely means fewer units coming available in the months ahead, potentially giving landlords room to start raising rents again.”