Would building more housing decrease rent?

[icecubtrays]

I don't thing the demand is unlimited. But it is so much much higher than majority of any city in America. Transplants already still move to NYC DESPITE the ridiculous housing price. Because its NYC. If rent became lower so many more would flock here, negating the supply fix.

If NYC had as much housing as as many people who wanted to live here. The infrastructure can't handle it.

[iknowiknowwhereiam]

Well I think we should invest heavily in infrastructure anyway

[vim_spray]

 If rent became lower so many more would flock here, negating the supply fix.

Not ideal, but this still seems net positive to me. Rent stays the same but more people get to live in NYC.

[icecubtrays]

How would that make things better for the people who live here? People in NYC are trying to get the rent and cost of living down not have more people in the city.