Birdwatch Archive

Birdwatch Note Rating

2022-10-02 22:00:00 UTC - HELPFUL

Rated by Participant: C6C2AC143E68AD8CCCBEF2C73102848747068174DD395F59BC4A0EEC9CB9C8D1
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Original Note:

For every 10% increase in housing supply, you get a 1% decrease in rents on average. If sf had 1,000,000 more units (about 300% more than now) a $2000 a month unit would cost $1400 a month instead. Source: study from nyu: https://docs.wixstatic.com/ugd/7fc2bf_ee1737c3c9d4468881bf1434814a6f8f.pdf

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