The next decade will be a reinvention of single family housing, leading to a wave of multifamily rental developments that will be designed according to consumer preference. For years, the models for developers were based upon sales numbers and price. Read about the consensus at ULI’s 2010 Fall Meeting session entitled, “Lessons Learned: New Models to Meet Changing Consumer Demand.”
Panelists offered their insights into John McIlwain’s, “Housing in America: The Next Decade.” This publication stated that the old “normal” in housing would not return once markets stabilize. McIlwain expects that younger Boomers might experience difficulty selling their current suburban homes, creating a hurdle in being able to relocate. Read what other shifts are expected in the housing market and which trends are predicted to reshape planning.
Anti-sprawl measures are tough for politicians to sell to constituents, so metro area leaders need to better explain to residents the benefits of transit-oriented development and policies that link transportation to housing. This was among the key points at a panel discussion October 4 on Capitol Hill titled “Suburban Solutions to Traffic Congestion,” moderated by ULI’s Maureen McAvey and sponsored by Gerald Connolly (D-Va.) and Earl Blumenauer (D-Ore.).
