This is not a new video (click here if you can’t see it embedded above). It’s from 2015. But I still very much like the simplicity of the Vipp Shelter. It’s only 55 square meters. One problem is that it cost USD 585,000 at the… Read More
The State of New York just enacted a new law (on June 14, 2019) requiring that 51% of existing tenants agree to buy their apartments before a building can be converted into a condominium or a cooperative. There was previously no requirement for anyone to… Read More
We are in West Virginia now, where the only kind of housing that we have come across is — not surprisingly — low-density, detached, and single-family. Indeed, approximately 75% of the residential land across the entire US is estimated to be zoned for detached single-family… Read More
Miami has historically had a volatile housing market because of its position as a second-home destination and because of its dependency on Latin American buyers. There is perhaps no other housing market in the US with the same kind of overall reliance on capital from… Read More
I have been writing about algorithmic home buying on the blog since Opendoor launched back in 2014. I don’t have anything new to report on that today, but this recent article from the WSJ is interesting in that it talks about why Phoenix, in particular,… Read More
Berlin just approved a five year “rent freeze” on apartments in the German capital. The rent caps will be implemented on January 1, 2020, but will apply retroactively to all rental agreements from June 18, 2019 onward (which is when the decision was made). It… Read More
This week, Google announced a $1 billion investment in housing across the San Francisco Bay Area. Here is the blog post announcement by CEO, Sundar Pichai. And here are a couple of paragraphs from the post explaining how this is expected to work: First, over… Read More
Earlier this year, an 800 unit co-living project was approved in downtown San Jose. The developer is Starcity. And it is said to be the largest co-living project in the pipeline in the United States right now. A few months later (presumably because of this… Read More
A couple of months ago I wrote about the relationship between IPOs and home prices. It was in response to the current wave of tech companies — most of which are headquartered in San Francisco — that have gone public or are expected to go… Read More
The percentage of single-person households in the US has been steadily increasing since the 1960’s (though the rate of increase has moderated in recent decades). As of last year (2018), 28% of Americans lived alone, according to the US Census Bureau. So about 1 in… Read More
