In the first of a two-part series, PlaceMakers’ Ben Brown interviews housing guru Arthur C. Nelson on the sweeping demographic changes complicating the housing market.
A few highlights from the U.S. housing market:
- Home ownership peaked at 69% in 2005
- Single family detached housing grew half as quickly in the 2010s as it did in the 2000s
- The demand for smaller rentals in walkable places is growing
- Covid destabilization continues with encampments of unhoused residents
“We’re already seeing impacts of a supply-demand imbalance in popular metros struggling with housing affordability. We tend to frame the crisis in terms of economic inequality. And that’s certainly the case. But we haven’t been paying enough attention to sweeping demographic changes already in motion that are driving the challenges and that are likely to complicate everything.”
More at the source article below.
FULL STORY: The Shifting Boomer Bulge: More bad news for America’s housing crisis?
The End of Single-Family Zoning in Arlington County, Virginia
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Byford, who formerly ran NYC Transit and Transport for London, could bring renewed vigor to the agency’s plans to expand regional rail in the United States.
Seattle Bus Lane Cameras Capture Over 100,000 Violations
An automated traffic enforcement pilot program caught drivers illegally using transit lanes more than 110,000 times in less than a year.
Immigration Grows, Population Drops in Many U.S. Counties
International immigration to the country’s most populous areas tripled even as major metropolitan areas continued to lose population.
$616 Million in Development Incentives Approved for District Detroit
The “Transformational Brownfield” incentives approved by the Detroit City Council for the $1.5 billion District Detroit still require approval by the state.
Affordable Housing Development Rejected for Lack of Third Staircase in Connecticut
The New Canaan Planning Commission rejected a development proposal, including 31 below-market-rate apartments, for lack of a third staircase, among other reasons, at a time when advocates are pushing to relax two-staircase requirements.
Houston-Galveston Area Council
City of Malibu
Association of Metropolitan Planning Organizations
HUD's Office of Policy Development and Research
HUD's Office of Policy Development and Research
HUD's Office of Policy Development and Research
City of Spearfish
City of Lomita
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