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Oversupply of Luxury Units Across US Adversely Affects Workforce Housing Demand

Falling Demand To Hit One- and Two-Star Apartments Hard, But Some Markets May Survive Punches
CoStar Analytics
May 17, 2024 | 2:41 P.M.

Workforce housing has recorded more negative absorption, or more move-outs than move-ins, over the past year, which typically signals an oversupply of luxury units.

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News | Oversupply of Luxury Units Across US Adversely Affects Workforce Housing Demand