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They wonder if building new, expensive apartments lowers the rent on entry-level apartments. The same question arises in single family housing. Home prices have been soft so far in 2024 after ...
Tailoring projects to client needs with smart design, differentiation, and architectural branding in luxury developments.
In the case of the Clay Apartments, a nonprofit was able to snap up a luxury building before leases were signed. At about $240,000 a unit, that housing didn’t come cheap.
Yet public policy actively suppresses housing construction in the U.S. Municipal governments have made it illegal to erect an apartment building on roughly 75 percent of our nation’s residential ...