Quote:
Originally Posted by dc_denizen
Sun belt is posting from 2005 I think.
In the real world multifamily construction, much of which infill is at all time highs. Sprawl markets in the sun belt like Phoenix are in the doldrums while New York City has 70000 units under construction.
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Do you have actual numbers? The U.S. has added 200 million people since the break out of WW2. The U.S. is forecast to add another 70 million in 30 years.
It's true that cities are seeing reinvestment and some population growth, however the bulk of all the population growth has been and will be outside of central city cores.
Most of the newcomers to the core, are affluent and are less likely to ride public transit even though they have the most access to it.