#housing-shortage

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#construction-industry

Over 6,000 incomplete ghost houses' across London as property market takes downturn

Construction work at 61 house-building sites in London has been halted, leaving over 6,000 half-built homes abandoned.
The number of stalled schemes is unprecedented in recent history, with only 10 schemes put on hold during the financial crisis in 2008 and 2009.

The US is facing a widening housing shortage with the market missing a whopping 7.2M homes

America faces a long-term housing shortage with up to 7.2 million missing homes.
Increased housing construction is crucial to meet the rising demand as population growth outpaces new home construction.

Housing construction starts to fall in 2025 and 2026, says report

The construction sector in Ireland is facing a housing supply shortage exacerbated by a skills gap.
Government incentives have sparked a surge in residential construction, but sustainability beyond these policies is a concern.

Over 6,000 incomplete ghost houses' across London as property market takes downturn

Construction work at 61 house-building sites in London has been halted, leaving over 6,000 half-built homes abandoned.
The number of stalled schemes is unprecedented in recent history, with only 10 schemes put on hold during the financial crisis in 2008 and 2009.

The US is facing a widening housing shortage with the market missing a whopping 7.2M homes

America faces a long-term housing shortage with up to 7.2 million missing homes.
Increased housing construction is crucial to meet the rising demand as population growth outpaces new home construction.

Housing construction starts to fall in 2025 and 2026, says report

The construction sector in Ireland is facing a housing supply shortage exacerbated by a skills gap.
Government incentives have sparked a surge in residential construction, but sustainability beyond these policies is a concern.
moreconstruction-industry
#real-estate-development

Two Affordable Housing Buildings Were Planned. Only One Went Up. What Happened?

New York City struggles with a severe housing shortage, pushing rents up and leading to residents leaving due to unaffordable prices.

US cities cut red tape to turn unused office buildings into housing

Cities are converting empty office spaces to housing to combat high vacancy rates and housing shortages.

How this sleek affordable housing project in Maryland became a reality

The Laureate apartment building in a D.C. suburb offers high-end amenities but also includes affordable housing units.
The building was financed through a $100 million fund created by the county government to address housing shortages in the area.

Two Affordable Housing Buildings Were Planned. Only One Went Up. What Happened?

New York City struggles with a severe housing shortage, pushing rents up and leading to residents leaving due to unaffordable prices.

US cities cut red tape to turn unused office buildings into housing

Cities are converting empty office spaces to housing to combat high vacancy rates and housing shortages.

How this sleek affordable housing project in Maryland became a reality

The Laureate apartment building in a D.C. suburb offers high-end amenities but also includes affordable housing units.
The building was financed through a $100 million fund created by the county government to address housing shortages in the area.
morereal-estate-development
#urban-development

Cities cut red tape to turn unused office buildings into housing

Cities are incentivizing the conversion of vacant office spaces into housing to address a housing shortage and high vacancy rates.

Fasanen 36 Apartment Block / CAMA A

The construction of a new apartment block in Berlin aimed to address the housing shortage by creating more living space in the city center.

NYC pols push state to fix decades-old law blamed for preventing much-needed housing as highlighted by Post probe

The 1961 law in Manhattan restricts building sizes, exacerbating the housing shortage.
Studies show the law may have cost NYC 200,000 apartments over the years.

Audit finds office-to-residential conversions a bad fit for most local real estate - Austin Monitor

Adaptive reuse of office buildings built in the last 10-20 years may not be feasible due to structural challenges and zoning restrictions.

Cities cut red tape to turn unused office buildings into housing

Cities are incentivizing the conversion of vacant office spaces into housing to address a housing shortage and high vacancy rates.

Fasanen 36 Apartment Block / CAMA A

The construction of a new apartment block in Berlin aimed to address the housing shortage by creating more living space in the city center.

NYC pols push state to fix decades-old law blamed for preventing much-needed housing as highlighted by Post probe

The 1961 law in Manhattan restricts building sizes, exacerbating the housing shortage.
Studies show the law may have cost NYC 200,000 apartments over the years.

Audit finds office-to-residential conversions a bad fit for most local real estate - Austin Monitor

Adaptive reuse of office buildings built in the last 10-20 years may not be feasible due to structural challenges and zoning restrictions.
moreurban-development

Modest rent hikes ahead in Southern California, USC forecasts

Rents in Southern California are projected to increase as multifamily construction fails to meet demand.
#real-estate

This is the biggest difference' in today's housing market, according to the Property Brothers

The housing shortage significantly affects home affordability and access, with dire implications for future buyers.

How Home Prices Are Changing Along Washington State's Coastline

Demand for coastal housing is rising while supply remains limited, driving up prices by nearly 4% in 2024.

Metro Boston ranked 4th in the US for multifamily housing approval

Rhode Island shows promise in multifamily housing development despite Providence's low ranking.

This is the biggest difference' in today's housing market, according to the Property Brothers

The housing shortage significantly affects home affordability and access, with dire implications for future buyers.

How Home Prices Are Changing Along Washington State's Coastline

Demand for coastal housing is rising while supply remains limited, driving up prices by nearly 4% in 2024.

Metro Boston ranked 4th in the US for multifamily housing approval

Rhode Island shows promise in multifamily housing development despite Providence's low ranking.
morereal-estate
#urban-planning

The weird Dutch trick to building housing across the country

The Netherlands plans to tackle a housing shortage by adding 1 million units by 2030, including innovative rural development strategies.

Before people rush to Montreal to live their best life, they should know my city's beautiful veneer is starting to crack

Montreal offers a low cost of living and high quality of life, but faces significant housing shortages that complicate relocation efforts.

The weird Dutch trick to building housing across the country

The Netherlands plans to tackle a housing shortage by adding 1 million units by 2030, including innovative rural development strategies.

Before people rush to Montreal to live their best life, they should know my city's beautiful veneer is starting to crack

Montreal offers a low cost of living and high quality of life, but faces significant housing shortages that complicate relocation efforts.
moreurban-planning

The tech startups shaking up construction in Europe

011h's innovative software facilitates the use of prefabricated construction, easing the housing shortage in Spain through improved design and efficiency.
#real-estate-market

Home prices reach record high as affordability crisis worsens

High home prices set new records in May due to ongoing housing shortage and affordability challenges.

Barbara Corcoran: Ask This Question Before Selling Your Home | Entrepreneur

Mortgage rates are low but sellers with low rates resist selling, impacting housing inventory.

Home prices reach record high as affordability crisis worsens

High home prices set new records in May due to ongoing housing shortage and affordability challenges.

Barbara Corcoran: Ask This Question Before Selling Your Home | Entrepreneur

Mortgage rates are low but sellers with low rates resist selling, impacting housing inventory.
morereal-estate-market

Why Harris and Trump can't stop talking about housing

Harris emphasizes a supply problem for housing, while Trump attributes the issue largely to demand and immigration.
from Business Insider
4 months ago

Yes in my backyard: Democrats are changing their tune on housing policy

YIMBY advocates celebrate Democrats' renewed focus on housing abundance, fueled by Kamala Harris' proposal to build 3 million homes in her first term.
#affordable-housing

Harris and Trump Have Housing Plans. Economists Have Doubts.

America's affordable housing crisis demands urgent attention from candidates, but their proposed solutions are met with skepticism regarding their effectiveness and feasibility.

What has helped you afford housing in this market? We want to hear from you

High housing costs persist due to the pandemic-induced spike and rising mortgage rates, aggravated by the massive housing shortage. Individual stories are sought to understand the impact.

Rose Equities Moves Forward on 1,100-unit Apartment Complex in Costa Mesa

Rose Equities plans to construct a 1,057-unit apartment complex in Costa Mesa, including affordable housing units, addressing the city's housing shortage.

Mayor Adams Touts Record Number of Affordable Units

Mayor Eric Adams announced a record number of affordable housing units built in New York City.
Adams called for state lawmakers to provide critical tools for affordable housing creation.

Harris and Trump Have Housing Plans. Economists Have Doubts.

America's affordable housing crisis demands urgent attention from candidates, but their proposed solutions are met with skepticism regarding their effectiveness and feasibility.

What has helped you afford housing in this market? We want to hear from you

High housing costs persist due to the pandemic-induced spike and rising mortgage rates, aggravated by the massive housing shortage. Individual stories are sought to understand the impact.

Rose Equities Moves Forward on 1,100-unit Apartment Complex in Costa Mesa

Rose Equities plans to construct a 1,057-unit apartment complex in Costa Mesa, including affordable housing units, addressing the city's housing shortage.

Mayor Adams Touts Record Number of Affordable Units

Mayor Eric Adams announced a record number of affordable housing units built in New York City.
Adams called for state lawmakers to provide critical tools for affordable housing creation.
moreaffordable-housing

SF Sues Man for Illegally Packing 3-Bedroom Home, Highlights Desperate Housing Need | KQED

Housing shortage in the Bay Area is exacerbating living conditions, pushing some to desperate situations.
#zoning-reforms

Getting serious about housing in New York City

Mayor Eric Adams wants to build more housing in every neighborhood of New York City to combat the housing shortage.
Zoning reforms have taken hold across the nation and the city's proposals are a welcome endorsement of these reforms.

'Suburban' Queens Stalwarts Take Hard Line Against Housing - To the Rest of the City's Detriment - Streetsblog New York City

Opponents of Mayor Adams's zoning reforms resist building more housing in suburban-like districts, impeding efforts to address housing shortage.

Getting serious about housing in New York City

Mayor Eric Adams wants to build more housing in every neighborhood of New York City to combat the housing shortage.
Zoning reforms have taken hold across the nation and the city's proposals are a welcome endorsement of these reforms.

'Suburban' Queens Stalwarts Take Hard Line Against Housing - To the Rest of the City's Detriment - Streetsblog New York City

Opponents of Mayor Adams's zoning reforms resist building more housing in suburban-like districts, impeding efforts to address housing shortage.
morezoning-reforms

More N.Y.C. Rentals Are Available. But Can You Afford One?

The number of available rentals in NYC increased but is still lower than pre-pandemic levels, leading to high median rents and income disparities.
#inflation

US rents climbed 1.5 times faster than wages in last four years

Rising rents outpacing wage growth in major U.S. metropolitan areas.

Inflation isn't the real problem for the U.S. economy. The housing shortage is

A national housing shortage is the main driver of inflation, not broad-based price increases.
Rising housing costs, particularly in the 'shelter' category, are significantly impacting inflation rates.

Opinion: Inflation isn't the real problem of US economy. The housing shortage is.

National housing shortage drives inflation, not broad-based price increases.
Inflation driven by rising shelter costs, not goods or other categories of prices.

US rents climbed 1.5 times faster than wages in last four years

Rising rents outpacing wage growth in major U.S. metropolitan areas.

Inflation isn't the real problem for the U.S. economy. The housing shortage is

A national housing shortage is the main driver of inflation, not broad-based price increases.
Rising housing costs, particularly in the 'shelter' category, are significantly impacting inflation rates.

Opinion: Inflation isn't the real problem of US economy. The housing shortage is.

National housing shortage drives inflation, not broad-based price increases.
Inflation driven by rising shelter costs, not goods or other categories of prices.
moreinflation

California's population grew in 2023, halting 3 years of decline

California's population grew slightly in 2023, ending a three-year decline due to various factors including the pandemic and migration patterns.

New York Has a $237 Billion Budget. Here Are 5 Things to Know.

New York lawmakers passed a $237 billion budget with funds allocated for migrant crisis, distressed hospitals, and policy initiatives like tenant protections and Mayor's school control.

Walters: While California politicians skirmish over housing, shortage keeps growing

The California Legislature grapples with a housing shortage; conflicts persist between state and local officials over housing development and zoning policies.
#london-mayor

Housing crisis: Gove to relax planning rules over mayor's 'failure'

The government plans to make it easier to develop brownfield sites in London to address the housing shortage.
A review found that the complexity of the London mayor's planning rules has hindered house-building.

Sadiq Khan confirms creation of London-owned housing developer if he wins re-election

City Hall-owned housing developer to address housing shortages and tensions between stakeholders.

Housing crisis: Gove to relax planning rules over mayor's 'failure'

The government plans to make it easier to develop brownfield sites in London to address the housing shortage.
A review found that the complexity of the London mayor's planning rules has hindered house-building.

Sadiq Khan confirms creation of London-owned housing developer if he wins re-election

City Hall-owned housing developer to address housing shortages and tensions between stakeholders.
morelondon-mayor

Larkspur Voters to Decide Future of Rent Control In Their City | KQED

Opponents spent over $90,000 for a referendum, using misleading tactics, raising concerns among tenant advocates.
Rent control is seen as crucial due to rising rents in Marin County, with housing shortage leading to displacements and the need for more housing.

Should Communities That Suppress Housing Lose Their Road Funding? - Streetsblog USA

Tying transportation funding to policy outcomes has historical precedent.
New proposals suggest linking transportation funding to housing goals to address shortages.

Abandoned youth center will turn into affordable housing for teachers

A blighted building in San Jose, previously used by the Mexican American Community Services Agency, is set to be demolished to make way for teacher housing.
The Alum Rock Union School District plans to build 78 homes on the 23-acre site, which has been vacant for over 10 years.

Approaching Bay Area deadline a test case' for California's housing crisis

Local governments in the San Francisco Bay Area are required to turn their housing blueprints into law in order to address the state's housing shortage.
This is the first big deadline in a series of rolling regional deadlines, indicating the seriousness of the Newsom administration's housing goals.

Sunak considers radical plan for 99% mortgages to help first-time buyers

The UK government is considering a scheme to guarantee mortgages with just a 1% deposit to help first-time buyers.
The scheme is aimed at appealing to young voters struggling to get onto the property ladder, but experts warn it could push up house prices without addressing the housing shortage.

California's 7-year housing push has yet to boost building, experts say

California has a 2.5 million home shortfall and has made little progress in solving it despite passing 140 housing bills.
The state needs to build 180,000 to 300,000 homes per year, but currently issues fewer than 120,000 new home permits annually.

California's 7-year housing push has yet to boost building, experts say

California has a 2.5 million home shortfall despite the passage of over 140 housing bills.
The state needs to build 180,000 to 300,000 homes a year, but current permits only reach around 120,000.

Kathy Hochul's Housing Plan Calls Legislators' Bluff

Governor Kathy Hochul challenges state legislators to cede control to New York City on property taxes and housing density.
State legislators refuse to let the city reduce taxes on rental projects and make conversions of office properties illegal.

Hochul demands lawmakers sign off on Adams' housing plan: 'Let them build!'

Gov. Kathy Hochul is pushing for the approval of a plan to build 500,000 new homes and apartments in New York City to address the housing shortage.
Hochul's plan includes reviving a tax break program for developers, creating a similar program for office tower conversions, repealing a state law on building height, and streamlining environmental reviews for housing projects.

Housing projects supplant Bay Area offices, stores as tech boom fades

Developers in Silicon Valley are shifting their focus from office buildings to housing units due to the changing economy and a shortage of housing.
Remote work, high office vacancy rates, and low rents are also contributing to the shift in focus towards residential projects.

Four Bronx community boards support City of Yes for Housing Opportunity, while seven oppose - Bronx Times

The City of Yes housing initiative faces resistance from many Bronx community boards, while certain neighborhoods lead in affordable housing construction.

Should I cancel my trip to Spain because of the tourism protests?

Anti-tourism sentiment is growing in Spain due to overcrowding, rising rents, and housing shortage fueled by mass tourism and Airbnb-type platforms.

Corporations want you to rent, not own. Can lawmakers stop them?

Corporate landlords owning a large number of single-family rental homes contribute to the housing shortage and make homeownership unaffordable.

Home prices hit new record high as shortage deepens pain for would-be buyers

Home prices hit new records in April despite affordability challenges.

Berkeley returns to build-to-rent market amid London housing shortage

Berkeley launches build-to-rent arm to address London property shortage.

Evicted mum fears being moved 170 miles away

Disabled mother in London faces eviction to distant locations due to housing shortage, despite support network locally.
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