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@Falls Church

Agreed, especially if rents rise more slowly than wage inflation. This actually addresses some of Market Urbanism's concerns in Forbes that supply wasn't rising fast enough to keep up with population growth. If the pace of construction actually does keep up with population growth I could easily see rents remaining stable in real terms.

by OctaviusIII on Jan 27, 2012 2:26 pm • link • report

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