Why So Many Luxury Apartments Are Popping Up In The U.S.
April 2, 2023
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12:08Now PlayingWhy So Many Luxury Apartments Are Popping Up In The U.S.
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as posted by the channelAn apartment building boom is unfolding in cities across the U.S. Many of the new units come with "luxury" amenities, like pools and fast-access to transportation. Experts say the uptick in supply is welcome news, but won’t ease rent inflation anytime soon. As a result, many cities remain stuck in a price-elevating housing shortage. Washington lawmakers are now scrutinizing regulations that slow the pace of homebuilding, in an attempt to slow rent inflation.
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Produced by: Carlos Waters
Additional Production: Andrea Miller
Animation: Christina Locopo
Supervising Producer: Lindsey Jacobson
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Why So Many Luxury Apartments Are Popping Up In The U.S.
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