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.
Read the full story: REALITY CHECK: HIGH DEMAND FOR APARTMENTS IS THE NEW NORMAL
Seattle has Built Over 14,000 Affordable Units Since 2020 — More Than Any Other US Metro
Despite being ahead of other cities, Seattle is still short more than 150,000 affordable units.
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Controversial Texas housing law has 'directly facilitated' over 1,250 new homes
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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Detroit to transform waterfront with $2.2 billion investment
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HUD, USDA agree on framework to simplify housing environmental review standards
Their agreement is a requirement of the 21st Century ROAD to Housing Act.
Cost of water rising at a faster pace than inflation, median household income
California and Maryland residents have seen their water bills grow especially high.
NYC building owners overwhelmingly comply with new emissions limits
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FREE Course: Walkable City 1: Why Walkability?
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Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Thousand Oaks
City of Wisconsin Rapids
Harvard University Graduate School of Design
The Architects Foundation
University of Cincinnati Online
Northern Illinois Transit Authority (NITA)
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello