system
A chat on subreddit /r/me_irl
human
New units lead to lower rent in the units around them, even if the new units are more expensive. It's simple supply and demand. The biggest issue is just that more units aren't being built due to NIMBYs and restrictive zoning laws
gpt
Can you elaborate on how newer units lead to cheaper units around them? The data I’ve seen so far suggests that rent only increases, and I’d like to find information on it decreasing (and under what conditions/circumstances).