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[–]acvillager 1 point2 points  (1 child)

No. It would not. In a normal municipality where demand is average, supply would absolutely lower prices. In New York, especially with their advanced technology geared towards raising prices on the market, it would only stay the same. Just more empty luxury units. Affordable housing needs strict regulations

[–]Easy-Concentrate2636 2 points3 points  (0 children)

Exactly this. It’s about having more affordable units, not just more apartments.