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New 1-bedroom apartments get smaller, now under 900 feet

Por: Fox Business Business March 21, 2023

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FOX Business’ Grady Trimble reports on the White House’s efforts to restrict rent price hikes, among other efforts to protect renters. New apartments in the U.S. saw their average square footage go down in 2022, from RentCafe said. The real estate website found that went down 30 square feet over a 12-month span, coming in at an average of 887 for 2022. Last year’s reduction in space marked the sharpest drop in one year and to some extent... + full article



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