*Housing submarkets and the effects of new construction on existing rents*

Anyone who wants to read this who doesn't have access let me know

'We find that lower-priced rental housing close to new construction had rents 4.4% higher than those in other low-quality buildings farther away in the first 5 years after new construction. In contrast, we find that new construction had the opposite effect on higher-priced housing: rents were 1.7% lower near new construction'

#socialHousing #housingCrisis #ausPol

https://www.tandfonline.com/doi/full/10.1080/07352166.2026.2628685