Posts Tagged ‘affordable housing’

Growing Popularity of Micro Apartment — Google is spending $30 million to purchase micro apartments for its employees in Silicon Valley! Demand for rentals is increasing at a very fast pace, far outpacing the increase in supply. Because of that, every major city in the U.S. is dominated by renters; just in New York...

Within the Brooklyn area is one of the areas that has become a source of gentrification throughout the years. Yet, the story of Bedford-Stuyvesant reflects the story of American migration, changing economic times and the rebuilding of a piece of history. Brief history of Bedford Stuyvesant Originally, this...

While many renters have shoulder the high rents as a tradeoff for location or space, it looks as though that burden is only going to increase. Many of today’s renters have to accept high rents due to the lack of inventory to match the demand. For those who can afford to make the jump from renter to homeowner, it seems...

While many of us who grew up in the 1980s are familiar with the phrase trickle down effect, newer generations may not have the same cultural reference. In a nut shell, the idea is that when the wealthiest citizens benefit or see financial prosperity, they will spend more, which will benefit everyone further down the...

Within the Brooklyn area is one of the areas that has become a source of gentrification throughout the years. Yet, the story of Bedford-Stuyvesant, Brooklyn reflects the story of American migration, changing economic times and the rebuilding of a piece of history. Originally, this neighborhood was created by the...

For the average renter, finding an apartment with a reasonable commute to work, space and relatively low costs can be a real challenge. This is especially true in urban areas or those experiencing an economic boom. As rents continue to rise in face of increasing demand and limited supply, it seems as if affordable...

In city after city, affordable housing is disappearing. While buildings might be retired due to age and structural issues, others are being taken out of the affordability market and turned into market rate apartments. How is this possible? For many low income apartment complexes built with tax credit funds, the...

Washington D.C. abounds with historical significance. Pieces of American history are scattered throughout the different neighborhoods, while modern Washington is also full on view. Yet one of the oldest neighborhoods in Washington D.C. is Foggy Bottom. This piece of Washington D.C. is said to have received its name...

When it comes to Seattle, one can say this is a city of neighborhoods. Each district is distinct, providing a special flair that contributes to the beauty of this sea-faring city. Originally built to accommodate an expansive fishing trade, today Seattle is a hub of industry. From Boeing to Internet start-ups, Seattle...

Renting is a numbers game. After all, many of us want to enjoy the luxury amenities, but not many of us can afford them. As urban areas see continued increase in demand without the inventory to meet it, rents continue to rise. Affordable housing will continue to be a crisis in many major cities and towns. This type of...

As the global stock markets continue their bumpy ride of the past few weeks, those in the housing industry wonder what it all means in terms of a housing market that is just now showing signs of stability and recovery. The Wall Street downturn has shown that China’s economic engine has its own weaknesses and as with...

Renting on a low income is difficult. Landlords in general need to know you can pay your rent on time all the time, your choice of rental property is lessened, and you may need support in finding a rental place. The U.S. Department of Housing and Urban Development provides help and assistance for low income renters....