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There is now a CONTENT FREEZE for Mercury while we switch to a new platform. It began on Friday, March 10 at 6pm and will end on Wednesday, March 15 at noon. No new content can be created during this time, but all material in the system as of the beginning of the freeze will be migrated to the new platform, including users and groups. Functionally the new site is identical to the old one. webteam@gatech.edu
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Dan ImmergluckAtlanta lost nearly 5,000 low-cost rental units from 2010 to 2013, according to a new analysis released by a Georgia Tech professor.
The study, compiled by School of City and Regional Planning professor Dan Immergluck, says the metro area has been experiencing an apartment boom since the recession. As of March, there were 11,000 units under construction and another 9,000 proposed, according to cited research from Haddow and Co.
But those units, Immergluck writes, are almost entirely luxury rentals, with rents hovering around $2 or more per square foot. Meanwhile, rentals for $750 a month or less are disappearing. The Tech professor estimates these low-cost units were lost at a rate of about 4.4 percent annually between 2010 and 2013, a dip of about 1,600 each year.
Read Immerglcuk's report on the WABE site.
