While the U.S. rental market has continued to expand, the markets for single-family houses and condominiums is still recovering. Affordability is an acute problem in both, according to the findings of the latest State of the Nation’s Housing report, issued by Harvard’s Joint Center for Housing Studies.Read More
In his recently released book, Evicted: Poverty and Profit in the American City, sociologist and 2016 MacArthur Fellow Matthew Desmond explores life for low-income renters and their landlords in two high-poverty Milwaukee communities. How Housing Matters spoke with Desmond about his research and its implications for housing policy.Read More
Real estate and transportation are increasingly becoming interconnected, Rob Speyer, president and chief executive of Tishman Speyer, told those attending the ULI Asia Pacific Summit in Shanghai.Read More
As competition for the dollars of vacationers and business travelers ratchets up, hotel companies are on a never-ending search for ways to differentiate themselves. Guests are looking for uniqueness, local flavor and history, and bespoke experiences that they can capture and share instantly through social media networks, according to a panel of hotel industry experts at the recent ULI Florida Summit in Miami.Read More
Joseph Stecher is a member of ULI and has invested in real estate globally as a principal investor at General Motors Pension Fund, Goldman Sachs, and Morgan Stanley. Today he has his own capital placement agency, Candlewood Investors, and is also a senior adviser to RealConnex, a real estate technology startup. In this opinion piece, he shares how leaders of real estate firms can develop best practices to blend technology into current business practices
Golf course operators try to shave a few strokes off their water numbers.
The latest issue is now available for download in the Urban Land app. The cover package for this issue is titled “Water: Recreation, Refreshment, Resilience.” Other topics include the following: “ShanghaiTech: A ‘Silicon Valley’ for China,” “Resilience: Taming Golf’s Thirst,” and “Peter Calthorpe: China’s Urban Design Revolution.”
Small apartment buildings are often overlooked or underserved by housing policy and traditional housing and commercial real estate finance mechanisms. Because this housing type is so prevalent in New England and important in the state’s housing stock, the Connecticut Housing Finance Authority has created a three-pronged program to address rental needs at a scale that works for the state’s smaller communities.
Panelists at the recent ULI Housing Opportunity Conference discussed the impediments to low- to moderate-income wage earners achieving homeownership, saying that most large lenders and many regional and smaller lenders have lost their ability to originate layered mortgages, due to the increased complexity of the new regulatory environment.
Despite a regional economy that is faring better than that in much of the United States, many of New England’s major cities are struggling to provide enough affordable housing for their middle-income workforce.