Condos are disappearing. They persist now mainly in pre-2010 buildings. Among multifamily homes built in the 2020s, just 1 in 25 is owner-occupied. What happened? I pulled American Community Survey data via IPUMS to get a better grasp of the numbers and the geography. Nationally, the rate of owner occupancy drops from 15% to 5% for multifamily units built in the 2000s to 2010s: Read the article…………………………….
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