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A comment on The number of new apartments is at a 50-year high, but states expect a slowdown. Parent comment

Re:The number of new apartments is at a 50-year high, but st... by itake on Saturday May 03, 2025 @06:42AM (#43878138)
Rich people need places to live but if there isn’t new housing for them to move into, they’ll live in the next only option: existing older units that could be rented out by lower income people.
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Re:The number of new apartments is at a 50-year high, but st... by Braxton1980 on Sunday May 04, 2025 @02:56PM (#43888649)
Is this specific to California?
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Re:The number of new apartments is at a 50-year high, but st... by itake on Monday May 05, 2025 @05:20AM (#43893208)
It’s a national issue but California policies like rent control and prop 13, make it worse
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