An 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.
Chapters:
0:00 — Introduction
1:09 — Chapter 1: "Luxury"
5:42 — Chapter 2: Policy
9:55 — Chapter 3: Increasing supply
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.
Why So Many Luxury Apartments Are Popping Up In The U.S.
Теги
CNBCCNBC originalbusinessbusiness newsfinancefinancial newsmoneyeconomyapartmentluxury apartmentcondomultifamily housingrentrent inflationhousing pricesreal estateu.s. Newshousing supplyHUDWhite HouseTreasury DepartmentJair LynchBozzutogentrificationredevelopmentREITstransit oriented developmentcitieslow income housing tax creditequitable developmentsection 8real estate stocksU.S. Department of Housing and Urban Development
