Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Apartments Are The Bane Of Suburbia!
Apartments Are The Bane Of Suburbia!
At least that seems to be the impression of some in our area judging by discussions in Facebook groups and at trustee meetings (more on that later).
As the economy has bounced back there's been a recent burst of apartment building and proposed apartment complexes in Mason, Deerfield Township, Loveland, Kings Mills, etc.
The apartment complexes in question are being billed as "luxury" or "resort" style, typically 1-2 bedroom, rents around $1000/month (or more).  They're going up mostly along busy roads (SR741, Kings Island Drive, Montgomery Road) in areas that would typically be unsuitable for a new subdivision, but still in areas with high demand.  People want to send their kids to school in Mason, Kings, etc. but not everyone can afford the entry price to buying a home in the area and rental homes are scarce.  And rental homes are often hard to find, or if you do highly priced.  Add the fact that some potential homeowners are still shackled with restrictions from recent bankruptcies or short sales that keep them from qualifying for a loan anytime soon, and you have demand for apartments.
Concerns are obvious:
Higher density per acre than a "regular" ... more

__________________________________________________
Are you on The Rain? Grow Your Network!