Housing Prices | South Seattle Emerald

https://flic.kr/p/nxCqru

“data-medium-file =” https://i2.wp.com/southseattleemerald.com/wp-content/uploads/2021/06/sunsetelectricapartments_flickr_joewolf_cropped.jpg?fit=300%2C169&ssl=1 “data-large-file = “https://i2.wp.com/southseattleemerald.com/wp-content/uploads/2021/06/sunsetelectricapartments_flickr_joewolf_cropped.jpg?fit=474%2C267&ssl=1” data-lazy-srcset = “https: // i2. wp.com/southseattleemerald.com/wp-content/uploads/2021/06/sunsetelectricapartments_flickr_joewolf_cropped.jpg?resize=150%2C84&ssl=1 150w, https://i2.wp.com/southseattleemerald.com/wp-content/uploads /2021/06/sunsetelectricapartments_flickr_joewolf_cropped.jpg?resize=672%2C372&ssl=1 672w, https://i2.wp.com/southseattleemerald.com/wp-content/uploads/2021/06/sunsetelectricapartments_flickr_joewolf_crosize = 176% 1038 &% 2 “data-lazy-sizes =” (max-width: 1038px) 100vw, 1038px “data-lazy-src =” https://i2.wp.com/southseattleemerald.com/wp-content/uploads/ 2021/06 / sunsetelectricapartments_flickr_joewolf_cropped.jpg? resize = 1038% 2C576 & ssl = 1 is-pending-load = 1 “srcset =” https://southseattleemerald.com/data:image/gif;base64,https://southseattleemerald.com/R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7 “/>

by Kevin Schofield

The “long reading” this weekend is a discussion of what happens to rental prices when developers build new apartments at market prices.

In recent years there has been a heated discussion among economists and housing experts about what happens when new, market-driven living space is built in a neighborhood: Are rents rising or falling in neighboring houses? There are two schools of thought for this.

Continue reading Weekend Long Reads: What Drives Housing Costs?

Demand EffectFeaturedGentrificationResidentialResidential AffordabilityApartment PricesMarket Price HousingRentsSupply EffectUCLA’s Lewis Center for Regional Policy StudiesWeekend Long Reads