Newsflash: What impact does additional housing in an area have on rental rates?

For example: If I am living in Portland, OR, and a new apartment building with 100 rentable units is completed near me, will that increase or decrease the average rental rate near me?

Read more at https://www.reddit.com/r/RealEstate/comments/6t78hm/what_impact_does_additional_housing_in_an_area/?utm_source=ifttt

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