Does building new housing lead to lower rents in older housing? A new study out of Honolulu tests that claim by tracking “moving chains” in a single building, The Central, a 512-home tower in Honolulu, completed in 2021. Each older…
Building Babies? Baby, Build
New research reveals that rising U.S. housing costs may be responsible for an 11% drop in children being born between 1990 and 2020, compared to a scenario in which rents had remained constant at 1990 levels. This decline, which accounts…
How California’s Sky-High Rents Cancelled Out $11 Billion in Food Stamp Benefits
California’s 17.7 percent poverty rate—more than double Minnesota’s 7.4 percent—stems almost entirely from housing costs that have spiraled beyond what typical families can afford. In San Jose, a family of four needs $57,673 just to meet basic needs, compared to…
Why Housing Costs More in California Than Colorado or Texas
California faces a severe housing shortage, with seven of America’s ten most expensive metros. While building more housing is critical to address this shortage, building costs in California far exceed those in other western states. In “The High Cost of…
Cruel Musical Chairs: How to Talk About Housing Supply (HINT: use video)
Image from Video: Cruel Musical Chairs (or Why Is Rent So High?), by Dan Bertolet, Copyright 2017 Sightline Institute; used with permission. Despite the expert consensus that building more homes reduces housing prices, a significant portion of the public remains…
Leveling the Field: Reforming Land Use for “Missing Middle” Homes
In housing construction, new homes are said to “pencil out” – or be financially feasible – when the expected rental income or sales price is high enough to cover construction costs plus a reasonable return on investment. A project that…
How Urban Housing Shortages Fuel Costly Climate Disasters
How do urban housing shortages caused by tight zoning and other land use regulations increase the risk of climate disaster? In Relational Geographies of Urban Unsustainability: The Entanglement of California’s Housing Crisis With WUI Growth and Climate Change, Miriam Greenberg,…
Defective Condo Defect Laws: Ripe for Repair?
Since 2011, 97 percent of California’s new multifamily housing has been built for rent, not for ownership. While the state needs to continue to build hundreds of thousands of rentals – more supply will drive down housing costs, and stabilize…
Movin’ On Up: How Costly New Homes Create Affordable Old Homes
In housing policy, a common theory of how to provide the maximum number of affordable homes to the greatest number of people is known as “filtering:” the process through which aging homes depreciate, and become less costly as higher-income residents…
Does demand lead supply? Gentrifiers and developers in the sequence of gentrification
Published: 2020 | Kasey Zapatka, Brenden Beck | Urban Studies Abstract Consumption-side theorists of gentrification examine the flow of middle-class White people into previously working-class neighbourhoods and argue that their demand for housing stimulates gentrification. In contrast, production-side theorists emphasise…