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.
Read the 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.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
California plans to bury El Niño’s downpour
If the state plays its cards right, it may be able to store a billion acre-feet of El Niño’s water in aquifers.
Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River
Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.
US buildings threatened, destroyed by fires set to triple by 2060
Researchers found a high fire risk for socioeconomically vulnerable neighborhoods in the American West.
LA residents may be allowed to paint their own crosswalks
Councilwoman Katy Yaroslavsky put out a motion instructing the Los Angeles Department of Public Transportation to study the feasibility of allowing volunteers to paint crosswalks.
Dallas moves to overhaul its zoning code
The city's zoning reform will allow more multi-family and mixed-use developments.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
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 Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
Hunter College, City University of New York (CUNY)
The Architects Foundation
University of Cincinnati Online
City of Cambridge
Montrose County
The Pocatello Development Authority