This Philadelphia Inquirer article is behind a paywall, but I can tell you that it speaks to the city’s increasing use of modular construction for infill apartment buildings: Building modularly can save 20% on total construction costs, he said. Projects can be constructed in half… Read More
All posts tagged “rental apartments”
A mapping of US rental housing rents, scraped from Craigslist
This is an interesting way of seeing rental housing rents (national scale). And there’s a lot that you can glean from a mapping like this. But it’s also interesting in that what you are seeing here is a visualization of some 11 million Craigslist rental… Read More
Adam Neumann has quietly acquired some 4,000 apartment units
So it was announced today that Adam Neumann — the cofounder and former CEO of WeWork — has been quietly buying apartment buildings across the United States. According to the Wall Street Journal, he is involved in entities that have acquired more than 4,000 apartment… Read More
Demand for short-term apartment rentals grew in 2020
Apartment List’s quarterly Renter Migration Report (Q4 2020) offers up some interesting insights into what may be playing out in the apartment sector right now. The most striking takeaway seems to be the surge in people looking for short-term rentals (leases of six months or… Read More
Vancouver approves new rental housing policy
New rental housing measures were approved by Vancouver City Council this week. I haven’t gone through the policies in the detail (you can do that here), but they aim to increase rental housing supply by doing things such as “pre-zoning” for 6-storeys on main streets… Read More
Berlin approves rent freeze on existing apartment buildings
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
One year of Inclusionary Housing in Portland
About a year ago, Portland enacted “Inclusionary Housing” policy requiring new apartment buildings of 20 units or more to offer up a portion of the units at below market rents. Developers are able to select from a few different options and the rents are calculated according… Read More
Rental apartment expansion in Detroit
The Detroit Free Press recently published a summary of some of the new rental apartments coming online in and around downtown Detroit. Here’s the map that they published along with their piece: Based on this article, demand is outstripping new supply and rents are starting… Read More
Affordable housing and the economics behind developing new rental apartments
https://500px.com/embed.js In most big cities around the world, there is a pressing need for more affordable housing. We know that inclusive cities make for better cities. But from San Francisco to Hong Kong, you always hear people talking about how expensive housing is. So why… Read More
America really is building very few condominiums
On my way back from Philadelphia this past weekend I wrote a post called, The Philadelphia (real estate) story. It was about how opposite the market is in Philly compared to Toronto. After writing that post and because of a discussion in the comment section,… Read More