Check out our latest Research Notes where Chris Bruen analyzes the impact of new high-end multifamily developments on affordability. Read on to learn how these new units are influencing rent growth in more affordable apartments and whether this trend is helping to ease pressures in the lower-end market. https://lnkd.in/eaVgY9fc
Investment Director, Apache Capital | Chair, ARL Investor & Lender Forum | Chair, ULI UK Resi Council
1d🎯 "Our analysis provides strong evidence that the development of new, high-end apartments results in lower rent growth among all apartments, even more affordable 1- and 2-Star units." Important research that aligns with Greater London Authority findings last summer covering a similar topic. Policymakers should take note.