Atlanta’s rising rent prices are driving some residents to head for the hills—er, suburbs—to the point it’s triggering a revival, if not a renaissance, in places.
So says metro Atlanta real estate executive Norman Radow, CEO and founder of RADCO, an investment firm focused on the development of multifamily housing.
It’s no secret that as Atlanta’s population swells, and the job market inflates, intown living is becoming less affordable by the day.
So, Radow said in an email interview, suburbs are capitalizing on the increase of people looking to live just outside of cities.
With live, work, play spaces, such as Alpharetta’s Avalon, suburban cities are developing more frequently in ways that mimic city living.
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