Housing Crisis Stems From Developer Shortage and Risk Aversion
A significant portion of the housing crisis is a lack of developers. Not many people are willing to take the risk in development ... and even fewer investors are willing to take risk with new managers.
Hardy Boys Hardcover Set Captivates Young Reader Instantly
Highly recommend the new (original) Hardy Boys series from @PassagePress. A beautiful hardcover set. My 11 year old crushed them in 2 weeks https://t.co/mWQTCzvCsk
Walkable Cheap Homes Exist, but Safety and Schools Deter Buyers
There are millions of inexpensive homes that already exist in "walkable" neighborhoods This 2000sf home is $250k in Philadelphia. 4 blocks from major subway. The problem is that the safety & schools of neighborhood are such that very few people with...
BTR Units Mostly Apartment‑style, some with Small Yards
Fantastic and thorough article on BTR by @_brianpotter I particularly appreciated the breakdown of the different *kinds* of units that are Built-To-Rent. Most of them are ~essentially apartments, sometimes with small yards https://t.co/FppH1yRySt
ROAD Update Mirrors Executive Order, Exempts Build‑to‑Rent
A great update to ROAD that, crucially, is exactly in line with the Executive Order from January: "The guidance ... shall include appropriate, narrowly tailored exceptions for build-to-rent properties that are planned, permitted, financed, and constructed as rental communities"
Teaching Kids Stewardship Over Simple Financial Handouts
This is something I have radically changed my mind on. I used to be a “give it all away and let my kids build their own thing” … and now that I have gotten older have realized that what I...
Massive By‑Right Housing Drives Austin Affordability, Not Deregulation
“Austin” is leading in housing affordability mostly because the entire METRO area built an enormous amount of housing. The de-regulation within the CITY of Austin was useful, but is a small part of the overall story. Most of the housing...
Monthly Airbnb Rentals Are Residential, Not Hotel-Like
Monthly is VERY different from by the night And in fact, that’s what most restrictions are Airbnbs nightly = Hotels Airbnbs Monthly = Residential
Real South Philadelphia Project Confirmed with Visual Proof
In case it wasn't clear ... this is a REAL project in South Philadelphia https://t.co/zOt3tE1fu9 https://t.co/K9dWSRlKNl
Infill Developers Can't Scale without Local Financial Ties
And it’s also why great infill developers cannot simply “scale” to other markets. Even if they had the same zoning and there is demand for the product They’d have to rebuild financial relationships from scratch. No banks will finance a 6-plex...
Compact Secondary Bedrooms Enable Affordable 3‑4‑bed Starter Homes
The key to designing a Starter House for FAMILIES? Small secondary bedrooms Bedrooms*just* large enough for kids, but not so large to inflate the size (and therefore price) of the home Our goal @americanhousing is to get 3-4 bedrooms in 1200-1600sf rowhomes...
Small Banks Dominate Infill Construction Financing, Big Banks Stay Out
Related to housing, it is basically ONLY small banks that provide construction loans for infill projects. Big banks do not waste their time making small loans. It’s why you see construction signs of “Financing provided by ___” and think “Wow I’ve never...
Local Banks, Not Big Lenders, Fund Small Housing Projects
It’s is local banks and credit unions that provide the construction loans for nearly all small infill housing projects The large banks cannot waste their time making small loans.
Compact 1BR Maximizes Space with Dual Bathroom Access
An efficient, well designed 1BR floorplan: • Dual entrance to bathroom • Small kitchen • Hall access to Water Heater • 12' wide Living Room • Movable Island 665 square feet https://t.co/MiwnjzVMty
Baby Maybe Housing: Homes Ready for Future Kids
Here's the definition of "Baby Maybe" housing A home that is designed, such that a couple is willing to go off birth control. They're open to the possibility of having a child in 9 months A home with a room or space...