While you are right that the dynamics are complex, research has clearly established that an increase in housing supply decreases its cost. See e.g. https://www.lewis.ucla.edu/research/market-rate-development-...
While you are right that the dynamics are complex, research has clearly established that an increase in housing supply decreases its cost. See e.g. https://www.lewis.ucla.edu/research/market-rate-development-...