River Davis’ recent article in the Wall Street Journal about Tokyo’s generally flat home prices had me, again, wondering about demographics. I mean, aren’t their demographics working in reverse? They have an aging population, low immigration, and a low birthrate. But Tokyo, which represents about… Read More
This morning the Toronto Star published a profile piece on one of Junction House’s earliest purchasers: Barbara Martinez. Barbara downsized from a house to a 1-bedroom condominium in Roncesvalles, but then realized that she still wanted space to entertain and have guests over. So she… Read More
The Tax Cuts and Jobs Act of 2017 (US) created something known as Opportunity Zones. These are low-income and high-poverty census tracts that are designed to attract investment by offering a number of different tax benefits. I first wrote about it on the blog, here.… Read More
Fred Wilson made an interesting remark in his recent post about the current “IPO bonanza” that is taking place in the tech space. He is, of course, talking about the recent IPO of Lyft, the recent S-1 filings from Pinterest and others, and the expected… Read More
I was reading today about some houses in Boca Raton, Florida selling for as low as $1. The reason they’re selling for nothing, in some cases, is because you’re required to join the local golf/country club as part of the purchase. Initiation fees could be… Read More
This week’s federal budget announced two measures that are intended to improve housing affordability. The first is a modification to the Home Buyers’ Plan. This is a plan that gives first-time home buyers the ability to do a tax-free withdrawal from their RRSP (it does,… Read More
ISA Architects recently completed a project in North Philadelphia called Tiny Tower. It is a 6-level, 1,250 square foot single family home built on a small 12′ x 29′ lot. That’s about the footprint of two parking spaces. It feels like a house you might… Read More
New York is close to implementing new “pied-à-terre tax.” If the bill passes, which the New York Times believes is likely, cities of a million or more people will be able to levy an additional property tax on non-primary residence homes worth $5 million or… Read More
This past week I attended the “Home and Away” Lecture series at the Daniels Faculty of Architecture, Landscape, and Design. Matt Davis (of DesignAgency here in Toronto) was the home. And Barbara Bestor (of Bestor Architecture in Los Angeles) was the away. Both have completed… Read More
Every year since 1984, the National Association of Home Builders (in the United States) has commissioned a home with the goal of showcasing new trends and technologies in the industry. At the same time, it also serves as a kind of dream home. This is… Read More
