An apartment is a self-contained housing unit within a larger building, typically occupying a single story. These buildings go by various names, and apartment tenure can range from public housing and owner-occupied condominiums or leaseholds to privately rented units.
In 1901, as a result of campaigners like Upton Sinclair and Jacob Riis, the New York State Tenement House Act was passed to improve the conditions of tenement dwellings.
In 1906, Melbourne Mansions on Collins Street, Melbourne, was built for mostly wealthy residents and is believed by many to be the earliest apartment building in the country.
In 1910, the Fawkner Mansions were constructed in the St Kilda area of Melbourne.
In 1912, Majestic Mansions was constructed as a boarding house in the St Kilda area of Melbourne.
In 1914, The Canterbury Flats were constructed in the St Kilda area of Melbourne.
Before 1919, tenements in Scotland, defined as blocks of flats sharing a common central staircase without an elevator, were inhabited by a diverse range of social classes and income groups.
In 1949, President Harry S. Truman signed the Housing Act of 1949 to clean slums and reconstruct housing units for the poor.
In 1951, the 860-880 Lake Shore Drive Apartments, a groundbreaking architectural design, was developed in Chicago.
In 1964, Marina City, a groundbreaking architectural design, was developed in Chicago.
In 1968, Lake Point Tower, a groundbreaking architectural design, was developed in Chicago.
In 1970, a team from Strathclyde University demonstrated that the old tenements had been basically sound, and could be given new life with replumbing providing modern kitchens and bathrooms.
In 1973, the Corporation acted on the tenement study principle for the first time at the Old Swan Corner, Pollokshaws.
On March 7, 2003, the Glasgow Housing Association took ownership of the public housing stock from the city council, beginning a £96 million clearance and demolition programme for many high-rise flats.
In 2009, the International Building Code was revised, leading to the increased popularity of one-plus-five style mid-rise, wood-framed apartments in many American cities.
In Q3 2010, the average capitalization rate in the Greater Toronto Area was at 6.3 percent.
By the time of the 2011 census, 52% of all homes in London were flats, many of which were converted Georgian or Victorian houses, council flats, or post-World War II tower blocks.
In Q3 2015, the average capitalization rate in the Greater Toronto Area hit its lowest level in 30 years, standing at 3.75 percent, down from 4.2 percent in Q2 2015 and almost 50 percent from 6.3 percent in Q3 2010.
As of 2019, a majority of Koreans live in apartments, which have become a representative form of residence for over half of the population since the 1980s.
The Melbourne 2030 planning policy contributed to an escalation in apartment building in the Melbourne metropolitan area.
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