Increasing housing supply in popular cities leads to lower or stable house prices
the verdict
SUPPORTED
the evidence backs this
confidence 85/100
Increasing housing supply in popular or growing cities helps lower or stabilize housing prices by accommodating demand shocks.
Evidence for · 2
Housing supply elasticity and growth: evidence from Italian cities
2020 · cited by 40
This study demonstrates that cities with more elastic housing supply experience smaller house price increases in response to demand shocks, illustrating the stabilizing role of supply expansion.
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More for · 1
How urban residential land transfer policies affect the housing market-evidence from Beijing, China.
2025 · cited by 0
This analysis of the Beijing housing market indicates that an increased quantity of residential land supply exerts a negative effect on house prices, helping keep them stable.