Attainable Housing
The 2024 Asia Pacific Home Attainability Index by ULI offers a comprehensive overview of housing attainability across the Asia Pacific region. In this third edition, the report includes data from three additional cities—Bangkok, Kuala Lumpur, and Perth—expanding its coverage to 48 cities in 11 countries, namely, Australia, China (including Hong Kong SAR), India, Indonesia, Japan, Malaysia, Singapore, South Korea, the Philippines, Thailand, and Vietnam.
Land use is local, and so are many housing policy opportunities. In the 2024 ULI Housing Opportunity Conference session, “A Look Back on the Latest State and Local Housing Policy Innovations,” moderator Michael Wilt, senior manager of external relations for the Texas State Affordable Housing Corporation, asked the panelists: “The dynamics and conversations around housing are changing a lot. What is going to net the greatest benefits?”
Cities facing affordable housing challenges are becoming more open to making zoning changes that affect density.
Leading SFR companies are developing strategies to tackle social equity, land use, decarbonization, and resilience for maximum impact.
Ten projects deliver compact residential spaces that offer more affordable city living options, foster community, and minimize environmental impacts.
Experts speak about the near-term prospects for converting office buildings into multifamily housing, best practices for evaluating conversion potential, innovative ways the public sector can support these projects, and other related trends.
Many publicly traded homebuilders are now using a “land light” strategy, working with third-party land asset owners to identify opportunities in the path of growth, and studying migration patterns, development, and economic vitality. In doing so, they take possession of the land as “just-in-time” inventory and keep their capital focused on building more efficiently and expanding market share.
According to the Pew Research Center, between 1971 and 2021, the number of people living in multigenerational households quadrupled, while the number of people in other living situations is less than double what it was. The share of the U.S. population living in multigenerational households in 2021 was 18 percent.
This was the resounding conclusion from two Homeless to Housed (H2H)-hosted programs during Urban Land Institute (ULI) springtime meetings. Furthermore, former Secretary of State Hilary Rodham Clinton echoed this call to action in her ULI Spring Meeting plenary presentation during which she advocated for New York City to create more affordable housing immediately to sustain its vitality as a world-class city for all people.
The Veterans Community Project serves any veteran who took the oath to defend the Constitution, regardless of discharge status, length of service, or branch of service. The program strikes an effective balance between community and individual dignity, employing a robust combination of housing and services. As a result, the program has a high success rate of 85 percent in transitioning unhoused veterans to permanent housing.