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.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
In Urban Planning, AI Prompting Could be the New Design Thinking
Creativity has long been key to great urban design. What if we see AI as our new creative partner?
King County Supportive Housing Program Offers Hope for Unhoused Residents
The county is taking a ‘Housing First’ approach that prioritizes getting people into housing, then offering wraparound supportive services.
Researchers Use AI to Get Clearer Picture of US Housing
Analysts are using artificial intelligence to supercharge their research by allowing them to comb through data faster. Though these AI tools can be error prone, they save time and housing researchers are optimistic about the future.
Making Shared Micromobility More Inclusive
Cities and shared mobility system operators can do more to include people with disabilities in planning and operations, per a new report.
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.
planning NEXT
Appalachian Highlands Housing Partners
Gallatin County Department of Planning & Community Development
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie