With over 1,000 new apartments moving on line in a couple of years, most well over $2,000 a month in rent, will supply drown demand and pop New Have’s wee rental housing bubble?
Time, it seems, will tell. Market rate rental housing saw a huge success in the efforts of Becker & Becker at 360 State, and in over 1,000 units renovated into “desirability” by Pike International. But what’s next? As a dozen proposals are being built or getting approvals — all using “wood frame over podium” construction that reduces costs enough to embolden risk in an otherwise scary economic climate — I dive in to see.
Join me by clicking on the audio above, or catching up on the episode in iTunes or any podcatcher by searching “WNHH Community Radio.”
