U.S. rental housing markets are diverse, decentralized, and financially stressed
www.brookings.edu
In recent years, tight restrictions on new construction have encouraged investors to renovate and upgrade older apartment buildings, especially in desirable locations. This process prevents these apartments “filtering” down and becoming affordable to lower-income households, exacerbating affordabili
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- In recent years, tight restrictions on new construction have encouraged investors to renovate and upgrade older apartment buildings, especially in desirable locations. This process prevents these apartments “filtering” down and becoming affordable to lower-income households, exacerbating affordability problems.
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