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Tom M.
It would take A LOT of supply to bring prices in an area like 14th street down significantly.

However,

That's not to say that its not a good idea to provide what supply we can. Because what is built will help filter prices in other neighborhoods and such. That 30k couple still may not get to live there but it opens up an apartment or what that would have been occupied by someone else. Someone else posted a link about Filtering and how it applies to housing that's what we're talking about.

Also it may not bring down prices per se but it will slow the rate of rise.

by drumz on Dec 19, 2012 3:56 pm • linkreport

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