Climate Change and Housing: Will a Rising Tide Sink All Homes?
Typically when we talk about “underwater” homes, we are generally referring to negative equity. But there is, of course, a more literal way a home can be underwater: Rising sea levels, and the flooding likely to come with them, could inundate millions of U.S. homes worth hundreds of billions of dollars.
Zillow Rent Index by Tier: Low-End Demand, High-End Supply
As rent overall continues to grow, rents are growing faster across the board among low-end apartments as demand for more affordable rentals stays hot. But rather than build more units at the bottom end of the market to meet this demand, apartment developers have instead focused their efforts on adding more supply at the high end.
Can Denver Absorb a Coming Flood of Multifamily Housing?
In 2010, a majority of Denver households were homeowners. By 2014, a slim majority of Denver households were renters. This shift did not go unnoticed by Denver-area builders, with permits for multifamily properties hitting decade-long highs in recent years even as single-family home permitting activity remained stalled at a fraction of pre-recession levels.
The latest Zillow Reading list features commentary on the social costs of eviction, the unintended consequences of land-use regulation, pitfalls of seller financing and more.
Middling, at Best: The Slow Recovery of Residential Construction Jobs
It is neither the best of times nor the worst of times for the residential construction industry. Instead, the industry seems stuck somewhere in the middle, growing sufficiently to put the lean recession years firmly in the rearview, but not enough to declare a full-blown comeback in construction jobs.
The latest Zillow reading list features commentary on commentary on the unintended consequences of American homeownership policies, affordable housing and why, exactly, the rent is too damn high.
Zillow Reading List, November 6th
Zillow Reading List is a regular roundup of these interesting pieces we come across, with some thoughts about each and how it ties into our existing research and/or has spurred new questions.
