@pantip.bsky.social
Lifelong learner, living in Bothell, Washington
Reposted
Building market-rate/luxury housing relieves pressure on rents in lower-end housing. This is because absent the new luxury housing, wealthy people will move into older homes displacing lower income families. This process is called filtering. www.planetizen.com/news/2024/03...
How ‘Filtering’ Opens Up Affordable Housing
An analysis of 12 U.S. cities found that new market-rate construction often leads to more affordable units becoming available, but the effect varies across housing markets.
www.planetizen.com
January 20, 2025 at 7:34 PM
Building market-rate/luxury housing relieves pressure on rents in lower-end housing. This is because absent the new luxury housing, wealthy people will move into older homes displacing lower income families. This process is called filtering. www.planetizen.com/news/2024/03...