Source? You got any peer-reviewed, published evidence that increased supply somehow increases rents?

And yes! We need cheap housing too and we should absolutely be building that, if private developers are unwilling then the city should work with them or build it themselves.

Per the US census, Rhode Island built 1300 housing units in 2021. That’s the worst in the country by a long shot, both in absolute terms and per capita. Our population is growing, and our housing stock is not. Rents have no where to go but to the moon until we get our shit together and actually build something