2:00 PM - 3:00PM EDT
Watch the Recording
New Apartment Construction: The Impact on Existing Apartments
May 12, 2020 | 2:00 – 3:00pm EDT
Part of the 2020 Research Forum Webinar Series
Evan Mast, of the W.E. Upjohn Institute for Employment Research will discussed findings from his recent work Supply Shock Versus Demand Shock: The Local Effects of New Housing in Low-Income Areas, a new paper that analyzes the impacts of gentrification by examining the effects of new apartment construction on low-income neighborhoods.
His findings indicate that new supply, even at a higher price point, can lower rents for a neighborhood, and also absorb incoming households so as not to incite competition for existing units with current residents.