Rents rise when vacancy is low and stabilise when vacancy is high, which makes the vacancy rate the housing metric that actually predicts prices.

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• Building materials are already about as cheap as civilisation knows how to make them, so cheaper materials are not where housing savings will come from. BPBrian Potter2 Apr 2024housing
• Building more housing in a city raises its local prices, because density is what people are moving there for. SAScott Alexander1 May 2023housing

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