If rents are high due to limited supplies what "policies" might induce investors to build more housing units?
And if its lower income folks who are being squeezed is it even possible to build new units at a cost that will yield any profit.
What if this is a problem without a solution?
Is NYC in an economic death spiral?
Link: https://hereisnewyork.org/understanding-new-yorks-housing-affordability-crisis/