This is written in a way that hides the important fact that rents rise in this situation because more people have housing, and more people having housing is good.
No, they don’t. Greater demand with a fixed supply leads to a a price increase. The supply need not increase in order for the price to rise.
No, they don’t. Greater demand with a fixed supply leads to a a price increase. The supply need not increase in order for the price to rise.