There’s a rise briefly time period leases which can usually have a better price of lease than long run rental (renting a spot for a month is dearer monthly than renting a spot for a yr). So if provide of brief time period leases goes up and long run goes down then it will make sense that the combination renting price in an space goes up.
The summary does not specify brief or long run rental go up. It simply says rents typically go up.
However must see full paper to on w how they got here up with this