"Studies show that adding new housing supply slows rent growth—both nearby and regionally—by reducing competition among tenants for each available home and thereby lowering displacement pressures. This finding from the four jurisdictions examined supports the argument that updating zoning to allow more housing can improve affordability." -- https://www.pewtrusts.org/en/research-and-analysis/articles/2023/04/17/more-flexible-zoning-helps-contain-rising-rents
Those do not seem like good comparisons to Minneapolis; New Rochelle, New York; Portland, Oregon; and Tysons, Virginia
@ndhapple Only a 2% increase for Palo Alto. Quite the egalitarian city ("rents kept in check") according to Pew.