The new luxury apartments are demonstrating that a higher price point is achievable in the area. Older housing pretty much is most of the market. But the newer

The new luxury apartments are demonstrating that a higher price point is achievable in the area. Older housing pretty much is most of the market. But the newer high rises are replacing them. New affordable housing is needed as that the demand is high. (Chicago has had a very liquidable market for housing in the last few years)