Luxury Urban Housing, Built on a Myth, Is About to Take a Big Hit

TROUBLE COMING

For years, we’ve heard about the “return to the city.” It was never as true as the hype, but now it’s about to collapse entirely.

Published Jun. 5 2016 12:15AM EDT

articles/2016/06/05/luxury-urban-housing-built-on-a-myth-is-about-to-take-a-big-hit/160604-kotkin-luxury-condo-tease_tj7hoy — Joe Raedle/Getty

From steamy Miami to the thriving cores of cities from New York, San Francisco, Houston and Chicago, swank towers, some of them pencil thin and all richly appointed.

Joel Kotkin

Wendell Cox

Got a tip? Send it to The Daily Beast here.

Luxury Urban Housing, Built on a Myth, Is About to Take a Big Hit

For years, we’ve heard about the “return to the city.” It was never as true as the hype, but now it’s about to collapse entirely.

We think “subscriber” would look good on you. Join now to unlock access.

Don't miss this subscriber exclusive article.

Monthly Plan

$1 Trial

Yearly Plan

$35 Year One

Ad Free Plan

$100 per year

Joel Kotkin

Wendell Cox