Michael Lewyn

Build, Baby, Build?

New Study Points To More Sophisticated Analysis of Upzoning – And Perhaps Surpassing the Stale Gentrification Debate

A couple of weeks ago, I noted a study casting some doubt on whether upzoning leads to a decline (or at least a stabilization) of housing prices. The theory is that by building more, developers are simply inducing demand, pushing out low-income people, and not reducing overall prices because of the higher demand. It would …