New research from New York University (NYU) and the University of Minnesota examined the immediate, block-scale impact of new large-scale, market-rate apartments. The studies found that although new housing eases increasing rents in nearby buildings, no clear evidence emerged on whether low-income renters directly benefit from new supply. Ingrid Gould Ellen, professor at NYU, says the studies “don’t deny the reality of gentrification” and instead “suggest that building more housing… isn’t going to exacerbate those high rent burdens.”