Do you think that flats or units are still considered to be 'second-best' to houses?

Colliers International agent Peter Chittenden wrote that for varied reasons a flat, or unit, have historically been seen as ‘second-best’.

He says this stems back to when in the 1830s the first multi-unit homes were built in New York and these were not really flats or apartments, because as inner-city tenements a number of dwellings shared a bathroom.

Peter writes that "from such a humble start apartment living is now a fully mature market, and when it comes to CBD apartments a very complex market and a rich demographic."

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