Urbanization and Multi-Family Housing: The Ultimate Equalizer?
With increasing urbanization across the United States, changing lifestyles, diverse work opportunities and methods, and technology, there is a renewed focus on affordable multi-family housing options. Cities across the country are taking notice and re-considering zoning laws that once favored single-family home development - this is especially true on the West Coast where land is expensive and as more towns morph into urban centers. According to two notable articles, multi-family housing can play a role in alleviating or emphasizing income disparity, social division, environmental impact and overall quality of life. This presents an opportunity for CRE developers and investors alike to lean on the side of making a positive impact. Read more about the changing face of housing in House Method and The New York Times.