Rents in Oakland have fallen faster than anywhere else in the US for a simple reason: The city built more housing

• Oakland, California is proving the laws of supply and demand are alive and well in the housing market. 
• Rent prices in Oakland have fallen by 7.2% over the last year.
• A bunch of new housing is hitting the market in Oakland, even as the city has seen its population decline. 

Oakland, California is proving the laws of supply and demand are alive and well in the housing market.