As wealth disparities in the United States have reached Dickensian proportions, housing disparities have followed. Condo developers are creating increasingly lavish apartments for the super-rich, while those with modest budgets find themselves priced out of city centers.
That’s an issue not only for housing advocates, who lament the human toll of housing stratification, but also for mayors who believe their cities’ futures depend on attracting “young creatives.” One solution is to encourage the building of micro-units, apartments of about 300 square feet or less.
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