Nice study out of Harvard JCHS, more evidence for “filtering”:

“While supply additions are largely at the high end of the market, the sheer influx of new apartments does seem to be slowing rents and raising vacancy rates across property classes.”

https://www.jchs.harvard.edu/blog/rents-are-cooling-not-everywhere

Bookmarking for public comment at city council meetings. Also wondering how to make this pattern more vivid for persuasion purposes. It might be hard to find emblematic cases but I think a few stories of specific people benefiting from filtering would be powerful.