The Chinese government has announced their intention to increase the stock of affordable housing and tax homes sold within five years or less of purchase.
From Bloomberg News: "China is not likely to take 'heavy-handed policy measures' next year as 'any sharp correction in the property market may hamper overall economic growth,' Fitch Ratings wrote in a report today.
The policies announced yesterday to reduce property-price increases should aid economic growth because the government will boost the supply of homes rather than limit investment, Bank of America-Merrill Lynch economists Lu Ting and T.J. Bond said in an e-mailed note today."
FULL STORY: China Developers Fall as Government Targets Housing
A Billion-Dollar Bet on Home Flipping
Amherst Holdings, a large-scale single family landlord, has rolled out a subsidiary to buy and renovate houses for resale.
Post-Harvey Homeowners Face an 'Army of Speculators'
In Houston, investors are snapping up damaged homes that will be dependent on flood insurance.
Heady Market in Chicago's North Side Drives Teardowns
Lakeview, located north of Lincoln Park and adjacent to Lake Michigan, leads the city by a wide margin in residential teardowns over the past five years. Local developers are selling new homes for four times the original price paid.
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
Google Maps Introduces New Transit, EV Features
It will now be easier to find electric car charging stations and transit options.
Ohio Lawmakers Propose Incentivizing Housing Production
A proposed bill would take a carrot approach to stimulating housing production through a grant program that would reward cities that implement pro-housing policies.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
City of Universal City TX
ULI Northwest Arkansas
Town of Zionsville
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