The cross laminated timber stuff is exciting next level building tech in it's infancy, think cool artsy buildings in Sweden. The podium building we are talking about looks like good old two by fours and two by tens nailed together by framing crews with big nail guns. Albeit probably w trusses and some LVL s in the mix. I think the tenement comparison is a bit much, people in tenements didn't have hot running water, refrigerators and AC, much less pools and gymnasiums and one bedroom apartments all to themselves. I agree w you, to an extent. It would be nice to see the six story concrete apartment blocks that seem to predominate in Europe, but the country is having a housing crisis. Yes the evil developers will make money, they aren't philanthropists, but lots of apartments are going up all over town. So something is working? I wonder how much of this has to do w bringing residential construction to commercial rental world in terms of enabling immigrant labor in the mix. These folks work very very hard , no union coffee breaks or paid holidays. Sad, but capitalism ain't always pretty.