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...

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...

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...