Let’s talk about the concept of mixed-income development. Sometimes mixed-income projects are viewed as the first step toward displacement or gentrification. And to be honest, these fears are not entirely unfounded. The introduction of mixed-income developments was the first step in many rapidly gentrifying areas, followed by luxury housing and upmarket conversions that lifted … [Read more...] about The poverty trap.
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Innovation in real estate. An inevitability.
In order to keep a-pace with the quickly changing world, the real estate development industry needs to change. One way is to focus on strategies for business model innovation. Let's take a look at a few forward-thinking real estate development and investment firms that are leveraging technology and modern business strategies to create sustainable development projects. … [Read more...] about Innovation in real estate. An inevitability.
Crushing urban innovation.
Institutional lenders have their place when it comes to commercial real estate finance. They are the primary source of loans for real estate projects and they offer a wide array of business and development-oriented services as well, all of which are definitely needed. But traditional lenders are not particularly well-suited to solving development challenges in a rapidly … [Read more...] about Crushing urban innovation.
A perfect union. Technology and housing.
Much has been written about the ability of technology to change our lives. But decades into the digital revolution, the results of technological advancement have a mixed track record at best. Every productivity gain or positive connection brought by new tech, is countered by harms such as hacking, service and product outages, and the unprecedented aggregation of wealth among … [Read more...] about A perfect union. Technology and housing.
Small lots. One solution to the housing problem.
At times the housing crisis can seem just insurmountable. Upwards of 11 million Americans spend half of their monthly take-home pay in rent, an increase of more than 30% over the last five years. Almost 25% of housing markets across the country are considered to be unaffordable for the vast majority of citizens. Many different factors influence the rising cost and availability … [Read more...] about Small lots. One solution to the housing problem.