Housing rss

Housing Affordability for Millennials(Comments Off)

June 10, 2015

As the global epicenter of technology innovation, Silicon Valley creates a massive amount of wealth — but the housing supply, hemmed in by geography and zoning regulations, is incredibly restricted. The resulting housing crunch is so severe that Millennials are hard pressed to live there. The median income for Millennials in the San Jose metropolitan area is […]

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Suburbia Not Only Not Dying—It’s Thriving

Fortune magazine’s Leigh Gallagher got a large amount of publicity over the summer for her book, The End of the Suburbs: Why the American Dream is Moving. Major newspapers did articles repeating her claims, and she expounded them on various blogs and talk shows: Millennials hate the suburbs, Baby Boomers are moving back to downtowns, […]

Economic Impact: Home affordability in Richmond area Hits Highest Level

(This column ran in the Richmond Times Dispatch on February 4, 2013.) Home affordability in the Richmond region stood at its highest level in the third quarter of last year since 2003. The region had 51.9 percent of households that could afford to buy a median-priced home — with half the houses selling for more […]

Do Americans (and Virginians) Still Love the Suburbs?

One of the hottest debates today among urbanists and economic geographers is the extent to which population growth and development are shifting from the periphery of U.S. metropolitan areas back to their urban cores. The latest contribution to this discussion, “Even after the Housing Bust, Americans Still Love the Suburbs,” by Jed Kolko in the […]