Baby boomers own homes, lots of them, with empty rooms, lots of them.
An article by Cameron Simons suggests that baby boomers and millennials might find common ground in the housing market. That is, in the extra rooms available in the homes of aging baby boomers. A new Trulia analysis analysis found evidence of 3.6 million unoccupied rooms in the nation's 100 largest housing markets. Then, Simons suggests the following.
For retired or soon-to-retire boomers, extra rooms are an opportunity to supplement income and offset cost-of-living increases – as much as an additional $14,000 a year. For many older Americans, renting a room provides an economic boost that may help them stay in a home longer.
For young adults, renting a room as opposed to a one-bedroom apartment could save them up to $24,000 annually.
FULL STORY: Boom-mates: How Empty Nesters Could Help Ease a Housing Shortage
U.S. Faces Historic Housing Shortages, With Roots in the Recession and Local Zoning Restrictions
The long-term effects of the Great Recession were timed very poorly for millions of Millennials aging into homebuying years. The pandemic and the traditional zoning preferences of communities aren't doing first-time homebuyers any favors.
Checking in With the Wild Pandemic-Era Housing Market
Bidding wars, TikToks, and disparate impacts—every day there's more evidence that the pandemic has only worsened the nation's housing affordability crisis.
Tough Market for Luxury Ranches? Blame Generational Differences
Ranches aren't the only segment of the luxury market having a hard time selling at asking price.
Rethinking Redlining
For decades we have blamed 100-year-old maps for the patterns of spatial racial inequity that persist in American cities today. An esteemed researcher says: we’ve got it all wrong.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
California High-Speed Rail's Plan to Right Itself
The railroad's new CEO thinks he can get the project back on track. The stars will need to align this summer.
Savannah Reduces Speed Limits on Almost 100 City Streets
The historic Georgia city is lowering speed limits in an effort to reduce road fatalities.
A Park Reborn: Resilience and Renewal in Fire-Stricken Altadena
Rebuilt in just two months after the devastating Eaton Fire, Loma Alta Park now stands as a symbol of community resilience and renewal, even as some residents hope recovery efforts will continue to support housing stability and long-term equity.
Spain Moves to Ban 66,000 Airbnbs
The national government is requiring the short-term rental operator to remove thousands of illegal listings from its site as part of an effort to stem a growing housing crisis.
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.
City of Clovis
City of Moorpark
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions