Die Wohnungsbauproduktion in New York City hat stagniert

Which will directly translate into rents increasing at an even faster pace

Weird chart given the headline. Is the idea here that housing production in New York City has been stagnate for the last hundred years?

I get that there’s a creepy alliance between real estate developers and easily manipulated Gen A kids on reddit who will happily upvote a policy to bulldoze every single-family-home to make way for ever higher apartment complexes.

But a chart showing „there has been a fairly stable rate of housing development in New York since the 1920s“ is a very weird piece of data to show in support of this agenda.