This just isn't true. Rents decreased in Texas after an increase in supply. Increasing supply will decrease prices. Freeways typically don't cost money so that doesn't apply.
Houses largely don't get built without being presold. Presales are not going to happen without a significant interest rate drop. Interest rates aren't going to drop. This isn't the multifamily market under discussion. Rent prices have significantly more wiggle room under market forces than does new single family construction, the latter which needs to be profitable upon sale instead of over 30 years.
