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When supply is adequate, building more high-tier homes leads to downward filtering where rents decline in low-tier homes.

Drawn from what Kevin Erdmann said

What Kevin Erdmann actually said

  1. Kevin Erdmann American housing economist
    Basically, when you build more high tier homes, rents decline in low tier homes.

Added to korrents 24 Oct 2026 · How quotes work · Something wrong? Tell us

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