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stu54 t1_j4st38u wrote

Reply to comment by sjandixksn in New apartment buildings in low-income areas lead to lower rents in nearby housing units. This runs contrary to popular claims that new market-rate housing causes an uptick in rents and leads to the displacement of low-income people. by smurfyjenkins

What I meant by "environment of legal restriction" was strict building codes, stubborn approval processes, and zoning. I wasn't talking about environmentalism.

Environmental restrictions can fulfill that function of restricting supply in a way that benefits landlords, but the developers would be burdened with extra costs for surveys.

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