Zoning and red tape gets a bad wrap in arguments that blame the housing crisis on a lack of housing supply. Another narrative credits a shortage of construction workers on the lack of housing supply in the country.
The number of "super commuters"—people who commute for over 90 minutes—is still a relatively small percentage of the country, but it's a number that's growing quickly. What does that mean about the economy?
As an article in Builder puts it: the 'Inland Empire Strike Back' with a large new masterplanned community in Riverside County. This region, hit particularly hard by the housing crash of the Great Recession looks ready pick up where it left off.
In Ireland, there's one house for every 2.35 people. According to industry experts, that's twice as many vacant homes as a normal, healthy market should have. So why then is the country considered to be in a housing crisis?
As the debate about whether people prefer to live in the suburbs or the big city rages on, data from the U.S. Census reveals a clear preference on the part of economic trends in the wake of the Great Recession.
The high-water marks showing where the last boom broke under the pressure of the Great Recession are still visible in cities all over the country. The Chicago Tribune recently checked on a particularly poignant example in Chicago.