Flutterby™! : housing economics

We disagree with the Washington Post about housing economics

Monday’s Washington Post ran a provocative headline: “In expensive cities, rents fall for the rich–but rise for the poor.”  Citing data from one of the nation’s most authoritative real estate analytics firms, Zillow, it claims not only that rents are falling for the rich while rising for the poor, but also implies that building new apartments (chiefly at the high end) hasn’t done anything to help affordability.

Other thing to note is that the income split used for these categories is for renters alone, so "high income" still means relatively low income compared to your median homeowner.