Bendix Anderson | Jun 20, 2018

The U.S. continues to have a very bifurcatedapartment sector.

People who live in luxury, class-A apartments can often afford to pay more for their housing, but many property managers don't dare hike the rents. That's because residents often have lots of choices when it comes to where they could live, thanks to all the new class-A product now opening across the country.

The people who live in class-C apartments, on the other hand, have far fewer relocation choices—and they often can't afford to pay much more in rent.

“We need strategies to help the private sector produce more moderately-priced housing,” says Chris Herbert, managing director of the Harvard Joint Center for Housing Studies, which released its “2018 State of the Nation's Housing” report on June 19. Click here to read the full article.