Many people may be familiar with the broader concepts of real estate development, but what effect does the way in which a project is financed have on the final outcome? For profit Property development has long been a business enterprise. Like all investment, it’s all about risk and reward. For-profit developers take all the risks in order to obtain the greatest … [Read more...] about The third way.
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Sharing luxury.
Have you ever imagined spending the weekend in a grand luxury estate in the country? America’s luxury estates were built in the late 1800s during ‘The Gilded Age’, a term made popular by Mark Twain. After the Civil War, with the onset of industrialization, the nation enjoyed unprecedented prosperity, Great fortunes were amassed with the expansion of tobacco, railroads, … [Read more...] about Sharing luxury.
Urban economics.
Simply put, urban economics is the study of buildings and cities and why they develop the way they do. Urban economics help us to determine why certain places are so much more vital than others through the exploration of land-use, zoning, employment patterns, and the price of land. Over the last century cities have experienced massive change. With the arrival of the … [Read more...] about Urban economics.
Quadruple the pace.
Housing shortages are not a new thing in California. California has suffered from housing shortages since the 1970s. By 2018, the shortfall was estimated to be at around 3 - 4 million. This shortfall is at all levels of affordability but especially so for low- and moderate- income people. According to the annual report by the Department of Housing and Urban Development, the … [Read more...] about Quadruple the pace.
Why ADUs are a good idea.
What’s an ADU? It’s a granny flat or a mother-in-law unit, now more widely known as an Accessory Dwelling Unit and usually built as an additional living unit in the backyard of a single-family home. ADUs are typically small, so that they can fit neatly into a backyard, with a compact and efficient floor plan big enough for one or two people to live in. Adding value all … [Read more...] about Why ADUs are a good idea.