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A comment on “High End” Apartment Construction Creates Mismatch of Supply and Demand. Parent comment

Re:“High End” Apartment Construction Creates Mismatch of Sup... by Broken_Hippo on Saturday October 13, 2018 @05:27AM (#18207180)
It could easily not drop prices in the bottom rungs. SO long as they are cheaper than the average price of apartments, they are still good to offer. They can get a little closer to average price and still be competitive.
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Re:“High End” Apartment Construction Creates Mismatch of Sup... by Symmetry on Saturday October 13, 2018 @09:24AM (#18207808)
It might not drop prices on the lower end but if these places didn't exist the people now houses in them would be displacing the people currently housed in more modest dwellings.
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