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Economists say one of the best ways to provide more affordable housing is through filtering, a theory that as expensive new homes age and decline in value, they'll become low-cost homes tomorrow. But this requires building enough housing to keep up with demand. Is that possible?

Short answer: not if the new units coming online simply induce greater demand for those types of units, which is what we've seen happening in the DC area this past decade or so.

by Dizzy on Jan 28, 2013 10:52 am • linkreport

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