Conventional economic theory suggests increased housing supply leads to decreased prices. However, recent observations challenge this assumption, indicating the relationship is more nuanced than previously understood. A study examining the impact of adding 1000 new apartments reveals that simply increasing supply doesn’t automatically translate to affordability. The reasons for this are complex and not fully explained, defying straightforward predictions. This suggests other factors, beyond supply and demand, significantly influence property values. Further research is needed to understand these dynamics and their implications for housing markets. The findings prompt a re-evaluation of strategies aimed at addressing housing affordability through increased construction alone.