At a typical Downtown building that opened Feb 2020 the rent on a 2/2 is 4K a month, a 1 bedroom is 2.6K a month (occupant tells me its big, 100 Sq feet.) We are paying 2K for a house thats 2,600 Sq Feet. 5 or so Miles away.
There are several huge projects going in where the downtown mega-dealerships were. Almost everything you could want is electric scooter distance (Mostly rental scooters). Young upwardly mobile people are electing NOT to drive, or just rent a car for weekend excursions.
I'll wager that electric cars are being pushed hard to make cars unaffordable for lower middle class and below. I quit driving because of eyesight and accidents, but would gladly buy a car that drove itself if they actually worked well, but I'm stuck riding the bus or Uber, safer for all of us that way.
4k a month lol, who is paying that?
Look on Zillow at Nashville, its crazy! The ones that are reasonably priced often end up being a shared Apt. They even have shared Apt. where the building chooses your roomates, but then the collages are near downtown too!