Why a boom in apartment building may not help with the rising cost of housing in Chattanooga

Staff photo by Matt Hamilton/  Apartments are seen under construction on Riverside Drive on Friday.
Staff photo by Matt Hamilton/ Apartments are seen under construction on Riverside Drive on Friday.

Back in 2019, Caleb McCool, a lifelong resident of the Chattanooga area, rented a one-bedroom apartment in Red Bank for $650 a month, a rate he found affordable at his income.

Two

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