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> Large new apartment buildings in the Shaw neighborhood in Washington have priced out longtime residents. Really, now? Or has more demand priced out longtime
by pkulak 10y ago
> Large new apartment buildings in the Shaw neighborhood in Washington have priced out longtime residents.
Really, now? Or has more demand priced out longtime residents?
EDIT: That said, the rest of the article is very good. My guess is, the author didn't caption that photo.
- TheCoelacanth 10y agoLarge apartments buildings are more of a symptom than an actual problem. Large apartments buildings are very expensive to build per unit, so they are only worth building where housing is very expensive. If you were able to build six story buildings instead, which have a much lower cost per unit, there would at least be a chance of keeping up with the demand.