The commercial real estate crash is coming and isn't pretty, but ULI senior fellow Stephen Blank and others say it won't be nearly as bad as the collapse of the residential housing market.
Experts say the commercial crash will be a drag on the economy for years to come, but shouldn't cause the upheaval we've seen.
"The problems in both the residential and commercial real estate sectors combined will, essentially, be a drag on the broader economy, said Matt Anderson, a partner with Foresight Analytics, a real estate consulting firm in California. "The good news for economic growth is that it's not nearly as reliant now on real estate, both residential and commercial, as it had been going into the downturn.""
FULL STORY: Commercial real estate is expected to lag as economy recovers
Traditional Retail is Hanging by a Thread. What Now for Cities?
After Kaid Benfield paints a rather grim retail outlook — where even retail bastions like San Diego are going dark — he suggests a series of actions for city leaders and planners.
Land Trusts Put Commercial Real Estate in Community Hands
A growing movement to create community-owned commercial spaces could shift power away from institutional landlords.
The Future of Ground-Floor Retail
With demand for housing growing and for physical storefronts waning, do the restrictions imposed by ground-floor retail zoning still make sense?
Florida Considers Legalizing ADUs
Current state law allows — but doesn’t require — cities to permit accessory dwelling units in single-family residential neighborhoods.
Manufactured Crisis: Losing the Nation’s Largest Source of Unsubsidized Affordable Housing
Manufactured housing communities have long been an affordable housing option for millions of people living in the U.S., but that affordability is disappearing rapidly. How did we get here?
HUD Announces Plan to Build Housing on Public Lands
The agency will identify federally owned parcels appropriate for housing development and streamline the regulatory process to lease or transfer land to housing authorities and nonprofit developers.
Research: Walkability Linked to Improved Public Health
A study reveals that the density of city blocks is a significant factor in communities’ walkability and, subsequently, improved public health outcomes for residents.
Report Outlines Strategies for Resilient Wildfire Recovery in LA
Project Recovery offers a roadmap for rebuilding more sustainable and climate-resilient communities after wildfires and other disasters.
New Executive Order Renews Attack on Public Lands
An order issued late last week pushes for increased mineral extraction on federally owned public lands.
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.
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