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Luxury Apartments Flood U.S. Housing Market While Affordable Units Are in Short Supply

Summary by decodetoday.com
Luxury apartment construction is expanding rapidly in cities across the U.S., driven by investor demand and the promise of strong financial returns.
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Investors' dreams may collapse, thus stifling the housing boom - Previously unavailable apartments are appearing for sale on advertising sites.

·Budapest, Hungary
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In recent years, one of the surest points of the real estate market has been apartments purchased for rental purposes. Thousands of investors have purchased studios, newly built or modernized panel apartments in the hope of stable rental yields. Compared to the first quarter of 2024, about 10 percent more properties intended for investment or rental were sold in the first quarter of 2025.

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decodetoday.com broke the news in on Wednesday, May 28, 2025.
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