I haven't seen the latest census numbers, but Laconia has around 16,000 residents... about the same as in 1980.
When you create new housing units, you stabilize or decrease the appreciation. Simply, law of supply and demand. Since demand isn't being curtailed, to stabilize or reduce prices new housing must become available.
If new housing was not being created, the demand would draw on existing stock raising the prices and pushing out the current population... that is gentrification. So creating new housing stock does not lead to gentrification... the opposite does.
Like the other condos that were originally constructed along the boulevard and across the street and throughout that area... over time they become permanent residents. The expectation is to see some of that in the current census numbers as Boomers did not hit Medicare until 2010, and the maximum should be in 2024.
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