Places with a lot of Millennials are building homes, just not enough to keep pace with the large number of Millennials coming of homebuying age.
"Homebuilders aren’t building enough for millennials," according to an article by Diana Olick.
Millennials are expected to be the "largest single cohort of homebuyers" by next, but the nation’s homebuilders are not building enough housing to keep up with demand in millennial-dense counties, according to data from the National Association of Home Builders’ Home Building Geography Index and shared here by Olick.
"Millennial counties are of course in big markets like Seattle, Boston, Portland, Oregon, and Washington, D.C., but also in rural parts of Ohio, Kansas and Missouri. Homebuilding is still nowhere near its historical levels, nevermind today’s very strong demand."
Higher costs for land and labor, as well as regulatory compliance, are blamed for the sluggish performance of the homebuilding industries.
FULL STORY: Homebuilders aren’t keeping up with millennials
Post-Pandemic Home Building Trends: More Bedrooms, Smaller Homes
U.S. homes are adding bedrooms while getting smaller, according to two seemingly contradictory articles published on the same day from different data sources earlier this month.
Housing Construction More and More Frequently the Product of Two Companies
The history of U.S. housing construction has traditionally been the story of many companies building a few homes a year. Now two companies alone are out-building the rest of the top ten homebuilders combined.
Housing Starts Hit Two-Year Low
Housing starts and permits are slowing nationwide. The current pace of construction would have been considered a trough in pre-recession economic cycles.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.
Driving Equity and Clean Air: California Invests in Greener School Transportation
California has awarded $500 million to fund 1,000 zero-emission school buses and chargers for educational agencies as part of its effort to reduce pollution, improve student health, and accelerate the transition to clean transportation.
Congress Moves to End Reconnecting Communities and Related Grants
The House Transportation and Infrastructure Committee moved to rescind funding for the Neighborhood Equity and Access program, which funds highway removals, freeway caps, transit projects, pedestrian infrastructure, and more.
From Throughway to Public Space: Taking Back the American Street
How the Covid-19 pandemic taught us new ways to reclaim city streets from cars.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Heyer Gruel & Associates PA
Ada County Highway District
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service