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That's because, as the economists Richard Koo and Masaya Sasaki show in a report, 15 years after being built the average house is worth nothing. [...] "It's not environmentally sustainable but also not financially sustainable. People work very hard to pay off a mortgage that's ultimately worth zero."
[...] It has also produced a huge number of architects, who are kept busy by buyers wanting a new house that reflects their lifestyle.
— theguardian.com
Affordable housing is on New York City’s mind. A critical mass of civic organizations, academic institutions, city agencies, advocacy groups, and others are pondering the essential and perennial issue of how to ensure that the city becomes affordable for the extraordinarily diverse population that makes it work. [...]
At the same time, a decades-old strategy to maintain housing affordability is finding a groundswell of support from an increasingly diverse group of stakeholders.
— urbanomnibus.net
A community land trust (CLT) is an alternative model that separates the ownership of property from the ownership of the land on which that property is built. In effect, organized citizens remove land from the private, speculative market where its value is difficult to control. View full entry
The Real Affordability for All Coalition — made up of 50 tenant advocate and labor union groups — is accusing Airbnb of “throwing gasoline on a fire” by contributing to a growing affordable housing crisis.
“After years of operating an illegal enterprise in New York, your company is now apparently interested in paying your fair share of taxes and announcing that development as though you are some kind of charitable organization bestowing your riches on our city [...]”
— nydailynews.com
It's a well-known fact that a safe and comfortable home is essential to one's well-being. From Building Trust International's 2013 "The Future of Sustainable Housing in Cambodia" competition, over 600 registered entrants proposed sustainable housing solutions for low-income families in Cambodia.
The jury -- which also comprised of the families who moved into their new homes -- chose 3 joint-winning designs recently constructed in Phnom Penh.
— bustler.net
The winners are:Courtyard House by Jess Lumley & Alexander Koller (UK)Open Embrace by Keith Greenwald and Lisa Ekle (USA)Wet + Dry House by Mary Ann Jackson, Ralph Green, Muhammad Kamil & Nick Shearman of Visionary Design Development Pty Ltd. (Australia)More details on Bustler.Also check... View full entry
In so-called hot cities [...] battles are raging over height limits and urban density, all on the basis of two premises: 1) that building all these towers will increase the supply of housing and therefore reduce its costs; 2) that increasing density is the green, sustainable thing to do and that towers are the best way to do it.
I am not sure that either is true.
— theguardian.com
The housing dynamic in San Francisco raises the capital intensity of consumption. That contributes to an increase in the capital share of income and to the stock of wealth in the economy. Zoning restrictions are a tool of the oligarchy, effectively. I'm only one-fourth kidding. — The Economist
The author(s) examine the origins/causes of the growing housing/rent crisis in American cities, such as San Francisco. h/t David Madden View full entry
Today we call those changes “inequality,” and inequality is, obviously, the point of the McMansion. The suburban ideal of the 1950s, according to “The Organization Man,” was supposed to be “classlessness,” but the opposite ideal is the brick-to-the-head message of the dominant suburban form of today. — salon.com
There's no place like a good home, simple as that. The AIA announced 10 recipients for the 2014 Housing Awards, which promotes the value of good housing and excellence in housing design.
The jury gave awards in four categories: One/Two Family Custom Housing, One/Two Family Production Housing (none selected this year), Multifamily Housing and Special Housing.
— bustler.net
ONE/TWO FAMILY CUSTOM HOUSINGPictured above: Sol Duc Cabin (Seattle) by Olson Kundig ArchitectsInformal House (South Pasadena, CA) by Koning Eizenberg Architecture, Inc.Kicking Horse Residence (British Columbia) by Bohlin Cywinski JacksonPark Passive (Seattle) by NK ArchitectsTopo House... View full entry
With around 10,000 lots scattered mostly across the Midwest and the Central Plains, Rolfe and Reynolds are about equivalent in size to a public-housing agency in a midsize city — and in an important way, they play the same role. Those living in public housing are generally required to pay up to 30 percent of their household income as their share of the rent. Rolfe and Reynolds’s tenants pay on average closer to 20 percent. — NYT
In Southern California Gary Rivlin attends Mobile Home University and profiles it's founder Frank Rolfe. View full entry
Some pretty lackluster news from the housing market today.
Construction spending rose a measly .1% in February. Part of that was because of the wild weather we saw this winter, but economists say that only accounts for part of the lacklusterness. It seems we’re not building or buying homes like we used to. Pending home sales fell in February to their lowest level in more than 2 years. The housing market made big gains last year, but so far 2014 isn’t looking so hot.
— marketplace.org
New homes in America are a lot bigger than they used to be. In fact since 1950 they've doubled in size, to an average about 2,500-square feet per home. And a bigger home generally uses more energy. So one college professor is attempting to trash some of our ideas about home ownership, by sleeping in a six-by-six-foot dumpster.
[...] this month, Wilson moved into a sanitized recycling dumpster on the Austin, Texas, campus of Huston-Tillotson University.
— marketplace.org
To make housing affordable again, we need to catch up to decades-worth of unmet demand, over the next few years. In many cities, this means goals measured in the tens of thousands of new homes; in the fastest-growing cities, it means hundreds of thousands. Build enough housing and (economists and experience both tell us) prices should at least stabilise. Want social justice? Build a lot more housing. — theguardian.com
San Francisco is practically the reductio ad absurdum of gentrification: It’s already land limited on three sides by water, and the massive rise of the tech industry over the last few decades has dramatically increased both the population of the area and its wealth. [...]
But the blame shouldn’t go to the tech companies or their employees moving to San Francisco, however despicable some might be. Blame San Francisco for being pleasant, and its policymakers for being foolish
— Quartz
With the help of young UK architects, London housing association Peabody is already looking to the future of social housing with their "Small Projects Panel" competition launched this past November.
Peabody recently announced 20 shortlisted proposals that have advanced to the last stage. Each team will be interviewed before the jury picks 6-8 firms by the end of January. The winning firms will help Peabody develop new housing schemes that have a maximum of 20 homes.
— bustler.net
Check out some of the shortlisted projects. Project author: Coffey Architects Project author: Studio Octopi Project author: Stephen Taylor Architects Project author: Allsop Gollings Architects Project author: Studio Sam Causer and Geraldine Dening Project author: Paul Archer Design See more of... View full entry
Yutaka Sho has been working on housing redevelopment strategies in Rwanda since 2008, and from the beginning the challenges were clear. Building materials were severely limited and ripple effects from the 1994 genocide were still strong, leaving Rwandan society displaced and disproportionately... View full entry