Data from a 2015 study of Seattle housing shows demand for apartment is robust and likely to stay that way.
According to Roger Valdez of Smart Growth Seattle, trends toward apartment living are not a passing fad, or some anomalous feature of the recession. "In Seattle, and all over the country, people are not buying single-family homes in the numbers we’ve seen in previous decades. And younger households are staying rental units longer."
Valdez cites a 2015 market study from the O'Conner Group, that says, "We predict 60% of all new households in the Seattle-MD will be renters (in 2016)." The forecasts, which extend to 2022, predict that number will decreasing only two percent in the intervening period.
FULL STORY: REALITY CHECK: HIGH DEMAND FOR APARTMENTS IS THE NEW NORMAL
Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
Planning for Accessibility: Proximity is More Important than Mobility
Accessibility-based planning minimizes the distance that people must travel to reach desired services and activities. Measured this way, increased density can provide more total benefits than increased speeds.
World's Largest Wildlife Overpass In the Works in Los Angeles County
Caltrans will soon close half of the 101 Freeway in order to continue construction of the Wallis Annenberg Wildlife Crossing near Agoura Hills in Los Angeles County.
Eviction Looms for Low-Income Tenants as Rent Debt Rises
Nonprofit housing operators across the country face almost $10 billion in rent debt.
Brightline West Breaks Ground
The high-speed rail line will link Las Vegas and the Los Angeles area.
Colorado Bans No-Fault Evictions
In most cases, landlords must provide a just cause for evicting tenants.
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
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
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