How the trend toward multigenerational living will change real estate development The concept of the single-generation, single-family home is in decline. Over the past four decades or so, the total percentage of Americans living with family members has increased from 12% in 1980, to 20% in 2019. Experts have not reached a consensus as to why this is happening, but it seems … [Read more...] about Trends in multigenerational living.
Articles
The democratization of finance.
Throughout history finance has been the province of emperors and kings. Later it included the merchant classes and the new aristocracy born of the Industrial Revolution. Your average Joe only really got involved in investing during the stock craze of the 1920s. Even today the average investor holds assets in a small subset of classes - primarily stocks, mutual funds, and bonds. … [Read more...] about The democratization of finance.
Is revitalization a dirty word?
Revitalization, gentrification, and displacement are now a mainstay in the heated national conversation about housing. For many years urban renewal and revival were sold as cure-alls for improving economically vulnerable neighborhoods in big cities from New York to Oakland. Unfortunately, the effort to bring new life to these areas was more successful than anyone predicted. In … [Read more...] about Is revitalization a dirty word?
Investing in nature.
The natural environment and real estate investment When it comes to housing, for many years, concerns about the natural environment were low on the list of priorities for developers. Community-builders saw the natural environment as a backdrop for their projects rather than a critical element in their design and function. Think gated developments set within lush valleys or … [Read more...] about Investing in nature.
Development as art.
Real estate development as art When you think of art, you probably think of Picasso or Matisse, not property developers like Mill Creek Residential or Greystar Real Estate Partners. Despite popular perception, real estate development is an inherently artistic endeavor. Some of the greatest artists in human history, people like Brunelleschi, Michaelangelo, and Da Vinci, all … [Read more...] about Development as art.