Property investors have poured no small amount of money into U.S. apartments recently, concentrating on upscale projects in urban cores. The result is a glut of units in affordable to affluent renters and far less supply for everyone else.
from nicholemhearn digest http://www.chicagobusiness.com/realestate/20180608/CRED03/180609869/you-cant-find-a-cheap-apartment-because-theyre-building-so-few?utm_source=CRED03&utm_medium=rss&utm_campaign=chicagobusiness
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