Follow this tag to curate your own personalized Activity Stream and email alerts.
The co-living startup Starcity plans to build an 800-unit, 18-story “dorm for adults” to help affordably house Silicon Valley’s booming workforce. Dishotsky, the co-founder/CEO of the co-housing start-up Starcity, is now working to fill America’s housing-strapped cities with a scaled-up version of his childhood idyll. — CityLab
Said to be the an 18-story "dorm for adults" the co-living startup Starcity aims to "redefining the meaning of home." The co-founder and CEO Jon Dishotsky is an advocate for co-living due to his upbringing in suburban Palo Alto. If asked about his upbringing, Dishotsky will share the story of... View full entry
The average price of building a garage parking space (as much as $34,000 in 2012) is passed on to people whether they own a car or not, and distort the true demand for urban parking. — Quartz
According to the 2011 National American Housing Survey data of the US census, about 16% of a housing unit’s monthly rental cost is attributable to the expense of building an urban parking spot. For the average renter that amounts to to $1,700 per year, or $142 per month. Parking mandates... View full entry
This is high-rent blight.
The vacancy problem is immediately visible but lacking in hard data. The intent of this project is to provide some background around commercial vacancies and use a map to give some insight into the extent of the issue, ideally doubling as a tool for community groups and policymakers to identify areas for intervention.
It's an obvious problem without a clear set of causes or solutions, but there are several contributing factors [...]
— vacantnewyork.com
Click here for the interactive VACANT NEW YORK map.Related stories in the Archinect news:New map tool reveals NYC's vacant lots zoned for revitalizationA New Mapping Tool Lets NYC Residents Peek Into Developers' PlansNew York City's tree species mapped View full entry
[Airbnb] says it will spend the next several months reviewing how hosts and guests interact on the site and what it could do to ensure users are treated more fairly. [...]
"The bottom line is that the design of platforms dictates the decisions that people make on them. Even if there’s implicit bias, [Airbnb has] an enormous amount of ability to change the extent of discrimination on the platform."
— washingtonpost.com
For more on the controversial P2P renting service:Airbnb invests in a blockchain futureYou may have Airbnb to thank for that low hotel rateAirbnb intentionally misconstrued data to "garner good press", according to new reportAirbnb rentals cut deep into San Francisco housing stock, report... View full entry
If you want evidence that London’s renters are being taken advantage of, look no further than a new social media campaign. Launched Monday, the #rantyourrent hashtag encourages London’s overcharged and poorly housed tenants to visually detail the bad conditions they’re expected to put up with in return for large sums of monthly rent.
The results, detailed in a new Tumblr called Vent Your Rent, make for sobering viewing.
— citylab.com
More articles on London and the housing crisis here:The root of London's housing crisis lies beyond its bordersLondon's housing crisis is creating a chasm between the rich and poorLondon's Bleak Housing View full entry
People caught running unlicensed apartments through websites will be offered the chance to have 80% of their fine canceled if they allow the city council to use the apartment as social accommodation for three years...When the three years are up the landlord [can] either pay off the fine through his or her own funds and reclaim possession of the apartment or continue offering the property as social accommodation until the council receives the equivalent of full payment of the fine. — Business Insider
More on Archinect:Airbnb now open for business in Cuba, despite anemic internet accessAirbnb rentals cut deep into San Francisco housing stock, report saysMonterey Park City Council adopts tougher penalties for landlords of illegal boarding homesAirbnb celebrates London's Deregulation Act with... View full entry
We all have a pretty good idea which NYC neighborhoods command top dollar, but this incredible 3D map from NeighborhoodX really puts things into perspective by pinning the city’s 325 neighborhoods against one another in a visually jarring side-by-side comparison. Among the most expensive? In Brooklyn... — 6sqft
More on New York real estate:The rise of communal living in New YorkThis $250M mega penthouse might become New York's priciest homeNew York & London ranked highest in 2015 Global Cities IndexNYC's public-housing woes View full entry
Americans living in rentals spent almost a third of their incomes on housing in the second quarter, the highest share in recent history. Rental affordability has steadily worsened, according to a new report from Zillow, which tracked data going back to 1979...While mortgages remain relatively affordable, landlords have been able to increase rents because demand for apartments remains strong. The U.S. homeownership rate fell to the lowest level in almost five decades in the second quarter. — Bloomberg
More on Archinect:Shipping container village crops up in Oakland, offering alternative to sky-high SF rents500 Square Feet and FallingPlay "Inside the rent", and become a virtual developer in NYCMonterey Park City Council adopts tougher penalties for landlords of illegal boarding homesL.A.'s... View full entry
Different policy debates come into play throughout the game and the player is tasked with making choices that will affect the final rent – for instance build in high-cost neighborhoods, pay workers prevailing wages, expend public money to subsidize the building, or to give in and accept higher rents than desired. — chpcny.org
The rent is too damn high, but so are a lot of other development costs. In this simulation game by NYC's Citizens Housing Planning Council, players go through the steps of planning a NYC rental in the current economic climate – complete with housing shortage and gentrifying neighborhoods.After... View full entry
Landlords of illegal boarding homes could face $1,000 fines and six months in jail under tougher enforcement regulations adopted this week by the City Council...The city has staffed a volunteer in the code enforcement office and plans to add more of them. The council unanimously voted to update regulations to say it could prosecute landlords of illegal boarding homes with an infraction or misdemeanor charge and shut the 'public nuisance' down. — Pasadena Star News
"These renters said in previous interviews that they try to stay out of the limelight and cannot afford other living arrangements as they work for below minimum wage and send a large chunk of their earnings back to family in China."Related:Honolulu Law Criminalizes HomelessnessAirbnb faces... View full entry
Protestors against low-income housing demolition are not just fighting for their homes, but often for their ability to stay in London at all. The small amount of “affordable” housing being discussed as a replacement is really a figleaf. — citylab.com
It’s time to retire the term gentrification altogether. Fourteen years ago, Maureen Kennedy and Paul Leonard of the Brookings Institution wrote that gentrification “is a politically loaded concept that generally has not been useful in resolving growth and community change debates because its meaning is unclear.” That’s even truer today. Some U.S. cities do have serious affordability problems, but they’re not the problems critics of gentrification think they are. — slate.com
What's your take on John Buntin's Slate piece? View full entry
Rents continue to outpace incomes. In fact, Zillow just released data showing U.S. renters spent a combined $441 billion on housing in 2014.
Perhaps surprisingly, the New York-Northern New Jersey metro didn’t top the list. San Jose was the highest, with renters paying on average $1,807 per month. Meanwhile, the 20th most expensive metro for renters was Minneapolis-St. Paul, where the average monthly payment in 2014 was $927.
— zillow.com
The median per capita income in Los Angeles is $27,900. The average rent for a two-bedroom apartment—and, frankly, this sounds low to us—is said to be about $1,400.
You can do the math. It's very difficult to keep a roof over your head in this town.
Yet another analysis has confirmed this. The folks at Rent.com looked at median rent and median income in America's largest cities and concluded that L.A. is one of the five worst places in the nation for renters.
— LA Weekly