At an extreme level, this can prevent new rental housing from being built. (effectivecoverage.com)
Now, however, there are far fewer homes available for sale, and many developers are turning to new construction to create new rental housing. (nreionline.com)
The Real Estate Board of New York, however, has predicted that construction of new rental housing in the city would slow to a trickle if the program is scuttled. (nytimes.com)