The multifamily housing market--apa...
The multifamily housing market--apartments, duplexe condominium units and co-ops--has told a tale of sum of two units trends during the past three years. Total starts have waned, still the total dollars spent forward those starts have increased considerably, which is righteous news overall for building production manufacturers, but bad news for proponent of affordable housing. An examination of total starts implies that multifamily is not the healthiest of markets. Total starts of multifamily units nationwide have stagnated since 1999 During 2001 builders started a total of 329400 multifamily
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