Tag: household formation
Household formation and the quest for space
New research suggests one driving factor for the rise in new household formation: People got sick of living with each other. Unsurprisingly, when people are...
Regaining our power of persuasion
I’m just back from the Balkans. It takes traveling to the genesis of the word balkanize to understand true division. To the naked eye,...
Renters are richer, older, and have larger households
It’s a perfect storm for raising rental costs: low vacancy rates not seen in decades, an influx of high-income renters, constraints on building new...
Household formation to fuel multifamily in 2020
Apartment production has returned to pre-recession levels and vacancies are low, but more new apartment homes are needed, according to experts participating in a...
How the homeownership crunch cost the U.S. $300 billion last year
The reasons for the shift in housing patterns are numerous, ranging from the demographic (delayed marriage) to the financial (fast rising home prices). Of...
What’s in the cards for apartments?
After seven years of rising construction, rents and occupancy, the apartment building boom is finally showing signs of flattening. The slight dip in multifamily starts...
Demographics love multifamily
While these statistics tend to move hand in hand, sometimes patterns emerge that show a chasm in these numbers, and demographers are keen to...
Something for everyone
Demographic shifts—the impact of retiring baby boomers and the rise of the Millennial generation—will likely have the most significant impact on real estate near-...
Out of the basement
The census data don’t break out age groups, so they don’t specify who is forming these new households. Separate reports show that the previous...
Nothing but the truth
Those who create their own reality make me suspicious. Truth is a closely held belief. I've known that for sometime. Which is why in times...
Let the good times roll
The multifamily sector, especially rental apartment buildings, has been playing a hot hand in 2014 as it demonstrated sustained underlying strength. Even as new apartment...
The lost decade
Twenty-five years later, Americans are older, more diverse and more educated. We are less likely to be married and more likely to live alone....
Multifamily investment bright while household formation remains dim
Even as construction of new apartment buildings hit the highest monthly construction pace since the beginning of 2006, the latest absorption rates for unsubsidized,...
New starts shift to apartments
Residential construction—a pillar of the economy and employment—is starting to ramp up again overall, but in previous years the growth was driven by single-family...
More Americans living in others’ homes
The number of so-called missing households—representing adults who would be owning or renting their own home if household formation had stayed at normal rates...
