Rent Inflation: The Rise Of New ‘Luxury’ Apartments

CNBC (April 2, 2023) – An apartment building boom is unfolding in cities across the U.S. Many of the new units come with “luxury” amenities, like pools and fast-access to transportation. Experts say the uptick in supply is welcome news, but won’t ease rent inflation anytime soon.

Chapters: 0:00 — Introduction 1:09 — Chapter 1: “Luxury” 5:42 — Chapter 2: Policy 9:55 — Chapter 3: Increasing supply

As a result, many cities remain stuck in a price-elevating housing shortage. Washington lawmakers are now scrutinizing regulations that slow the pace of homebuilding, in an attempt to slow rent inflation.


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