Miscellaneous
Upjohn Institute for Employment Research Economist Evan Mast says allowing more expensive housing construction in a city can have a “ripple effect” that eventually makes it more affordable for middle income and working class residents. In his working paper, The Effect of New Market Rate Construction on the Low-Income Housing Market , Mast says allowing new high priced developments sets off a chain. As people move out of units with cheaper rates, those open up to renters who can pay a little more than where they live now.