No, people can’t afford houses, of just about any kind. Even shit tiny high density apartments are starting to become unaffordable even when you’re looking outside of downtown centers
It’s because all north American devs make are “luxury condo towers”, cramming as many units into a 20+ story, slap on a concierge, pool, gym and party room somewhere and then call it a job well done.
And you can thanks NIMBYs and zoning for this. There’s clearly a missing middle.
There were more single-family homes bought by private purchasers in 2023 than in any previous year in record. People can and are affording houses, Lenny is just locked into its talking points.
No, people can’t afford houses, of just about any kind. Even shit tiny high density apartments are starting to become unaffordable even when you’re looking outside of downtown centers
It’s because all north American devs make are “luxury condo towers”, cramming as many units into a 20+ story, slap on a concierge, pool, gym and party room somewhere and then call it a job well done.
And you can thanks NIMBYs and zoning for this. There’s clearly a missing middle.
There were more single-family homes bought by private purchasers in 2023 than in any previous year in record. People can and are affording houses, Lenny is just locked into its talking points.