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ThatFrenchieGuy t1_j6jf858 wrote

Reply to comment by IntelligentCicada363 in Maura Healey wants to solve the state’s housing crisis. Here’s step one. by _Hack_The_Planet_

It's not 100% of the way there, but we go from ~100k units short to 10-30k units short. It won't be enough construction to get rent to go down, but it will be enough to get rent to go up a lot less than the current 5%/year average.

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antraxsuicide t1_j6jm1x9 wrote

You probably would see rent come down in some places as it's unlikely the closing of the gap would be uniform. Some places will actually hit their targets while others will fall short. Then you get people moving from the latter to the former.

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AchillesDev t1_j6l5s4x wrote

That's assuming static demand and no induced demand effect. Probably need even more to cover the shift due to induced demand.

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