Why it matters
Apartment construction affects future rental housing supply, but the article provides no figures or details about likely effects on rents, costs, or particular groups of renters.
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U.S. apartment construction has fallen below its 10-year average for the first time in four years, according to The Epoch Times. The Northeast went against the trend, with activity led by a surge in New York City.
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Apartment construction affects future rental housing supply, but the article provides no figures or details about likely effects on rents, costs, or particular groups of renters.