Professor Immergluck's study says metro Atlanta area has been experiencing apartment boom since the recession

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  • Dan Immergluck Dan Immergluck

Atlanta 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. 

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School of City & Regional Planning

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apartments, dan, Housing, Immergluck, metro atlanta, report, WABE
  • Created By: Jessie Brandon
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  • Created On: Oct 16, 2015 - 5:41am
  • Last Updated: Oct 7, 2016 - 10:27pm