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Is Public Support for Real Estate Development Shifting?

More than a year of living with the pandemic has, among so many other things, seen a significant shift in public support for real estate development, depending to some degree on who's moving in. A survey by coUrbanize, a proptech company that facilitates community engagement in planning and development, said that 58% of respondents in a May-June 2021 survey identified themselves as "pro-real estate development," compared with 49% polled in March 2020 as the plague of COVID-19 was just taking hold. Respondents who described their community as "urban" or "diverse" were even more likely to support development -- nearly 62% in both cases -- but overcrowding and affordable housing remain concerns, coUrbanize said.