#housing and urban development

[govtshutdown]

And the final one, completing all appropriations bills clearing the committee by mid July. This one is for Transportation, Housing and Urban Development, AKA THUD, as in the sound these massive spending bills make when you drop them on the floor.

[injuredcyclist]

Another “government bad!” issue that St. Ronnie deserves a lot of blame for.

[allthecanadianpolitics]

No community anywhere would willingly choose to have a nearly 30 per cent office vacancy rate in its downtown core.  But faced with that problem, one Canadian city came up with a plan that is now being held up as a model for the rest of the country amid an ongoing national housing crisis. Calgary has been busily working to convert underused office towers to residential housing, thanks to the city's one-of-a-kind incentive program for developers. In just two years, the program has resulted in the approval of 13 office-to-residential conversion projects, with four more still under review.

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Tagging @politicsofcanada @abpoli

[newyorkthegoldenage]

The NYC Housing Authority's Alfred E. Smith Houses, in the Two Bridges neighborhood of the Lower East Side, opened in 1953. It was an early proponent of racial integration. Here, Black and White kids in one of the playgrounds, May 3, 1956.

Photo: Associated Press

[kleinefreiheiten]

06.2023 Hamburg

[j-esbian]

in the face of animal crossing pocket camp closing, can i just say. i don’t understand why new horizons was like that. after acpc the next animal crossing game should have been amazing and yet,

acnh feels very stale very quickly imo. it has the bones of an animal crossing game (unlocking shops, filling the museum, etc) but the villagers are sooo samey, and it feels like there’s fewer interactions and games between them than there was in acnl. (and i know this isn't a new criticism but it feels unfinished. harv's island co-op in the final update feels like a weak alternative to letting lief, kicks, katrina, etc. have physical stores on your island.) but i do love having the ability to build and customize your own furniture, to an extent. the new furniture designs are great and i especially love that villagers have more versatile clothes options. sheep can wear shirts!! everyone can wear hats!!

but also, acpc has WAY more furniture and clothing options than acnh. and i love the way the villagers work there: they have a set personality and a set style. and you can help them give gifts to other villagers or give them fashion tips, and your relationship improves more (im pretty sure ?) if you pick the option that’s The Right Style. it makes it feel like you're actually getting to know them, and it gives a little bit more variation because a cranky jock FEELS markedly different than a cranky cool guy

[racefortheironthrone]

I'm a big fan of building commie blocks to ameliorate the US housing crisis -- and putting them in the public parks that were stolen from other communities to give colonisers some trees to look at -- but what policies should be enacted to get suburbanites into beautiful and efficient bedspace apartments with kitchens and washrooms shared by a floor?

As a good social democrat, I'm contractually obligated to prefer Red Vienna to your proper commie block. Short of a complete class revolution that completely upends the social hierarchy, a significant part of ensuring that social housing pulls off being "a living tapestry of a mixed community" is building it to middle-class standards (including aesthetic standards) so that people with the money to find alternatives don't all leave. Art Deco is a hell of a lot chic-er than the boring minimalist crap that luxury developers are getting away with these days.

Also, don't build them in parks: green space is not only important for environmental sustainability but also the health and mental health of working-class and poor communities who can't afford houses in the suburbs, and we should be encouraging in-fill development instead. (Build them on golf courses instead, because they are classist, invasive, artificial monocultures that do nothing for the environment.)

In terms of how to make suburbia more in synch with dense, sustainable social housing, there are a number of necessary changes:

Commuter rail: suburbs predate the car by a fair few decades, and originally sprung up along the routes of commuter rail lines. Well, it turns out that transit-oriented development and dense transit corridors go hand-in-hand: if you can build higher-density units near transit lines, people will use mass transit to commute, and if there are well-planned areas of higher density around major urban areas, the increased number of commuters can support more regular transit services.

Planning/zoning/ligitation revolution: as I mentioned in my student housing post, one of the major reasons why it's so hard to build affordable housing projects is that local NIMBY groups use every legal tool in the book to bury them. So there needs to be pretty comprehensive reforms of zoning regulations (banning single-family zoning, reducing set-backs and eliminating mandatory parking, getting rid of "unrelated persons" limitations, getting rid of building heights limits, etc.), standardization of the permitting and development approval process, streamlining of the public comment/hearing process and environmental review process for model projects, and extreme limits on litigation for model projects.

Financing reform: as I sort of imply in my Red Vienna section above, a big part of making social housing/public housing successful and avoiding replicating or increasing class and racial segregation is adhering to middle-class minimum standards. This has important knock-on implications:

you need to eliminate requirements for absolute lowest possible land costs (which restrict social housing to economically and socially isolated areas).

you need to raise allowable construction costs, so that you can achieve those aesthetic standards and avoid corner-cutting like smaller rooms and lower ceilings, single-thickness walls/floors/ceilings, no doors on cabinets or closets, cheap cladding and wiring and pipes and other building materials, low-quality insulation and HVAC, etc. Not only do middle-class folks notice this stuff and go elsewhere, but it's all penny-wise and pound-foolish, because cheap construction runs down faster which increases maintenance costs, and sometimes it just straight-up kills people.

you need to adequately finance maintenance, services, and amenities. This is crucial to keeping tenants with deeper pockets, but it's also another one of those things where penny-pinching is counter-productive in the long-run. The more you save on maintenance costs, the faster the buildings run down and the more expensive repairs you have to make. The more you save on services like superintendants and doormen, the more your tenants end up having to spend on handymen and the more you have to spend on police and repair costs. And so forth.

And there is a real potential here for all kinds of positive feedback loops: spending money on achieving higher standards of construction and operation means that you can hang onto and attract higher-income tenants, which means you can have sliding scale rents that cross-subsidize tenants and pay for higher construction and operating costs, and the poor and working class tenants who couldn't have paid for those higher costs and amenities on their own enjoy a "positive externality" for once.

[robertpallesen]

Facade, Portland, OR © Robert Pallesen

[atlurbanist]

Our urbanism is not controlled entirely by developers & lenders

This eyesore sits across the street from Lenox MARTA Station and PATH 400, wasting space that could hold transit adjacent development.

This was a Houston's restaurant until about five or six years ago when it closed.

Unfortunately the only thing that's been proposed for the property is a luxury apartment tower perched atop a parking deck with 458 spaces. (FYI, zero parking is required for this spot because of its proximity to a MARTA station.)

Am I being too picky in expecting the city to find a way to add affordable homes, with a progressively-low amount of parking, near MARTA stations? Even in Buckhead?

Many will say I'm being too picky, and that my ask is unrealistic given the market forces at play. Yes, it's true that if you let the market do whatever it wants, lenders and developers will primarily create luxury apartments with massive parking decks near transit stations in the hotspot neighborhoods.

That's the conservative choice that they will make, based on assumptions that Atlanta is immovably a car-oriented city.

But our urbanism is not entirely at the mercy of lenders and developers. *Anyone who tells you otherwise likely has selfish motives*. (Seriously, look suspiciously at anyone who says we have to just let developers and lenders do what they want, and that we can't influence what they produce.)

We've bent over backwards for all kinds of corporate relocations and sports events. We've reshaped the city in many ways that were harmful or questionable, using public financing tools to make it work. Let's bend over backwards for better urbanism now.

Instead of just being a city that defines success largely by its ability to attract major sports events and corporate headquarters, we can be a city that triumphantly overcomes the damage of car-centric sprawl and development inequity.

We can do it by rebuilding our urban fabric for pedestrian-oriented, affordable density -- and making excellent use of the land near our precious rail investments.

It's not just a "nice to have" dream. I think it's something we need to have, and that we need to all expect from our growth.

[jamaicahomescom]

The Rich History of Emancipation Day and Independence Day in Jamaica

Jamaica’s history is a vibrant tapestry of resilience, struggle, and triumph. Central to this story are two pivotal celebrations: Emancipation Day and Independence Day. These holidays commemorate Jamaica’s journey from colonial rule and slavery to freedom and self-governance. Understanding these days offers a glimpse into the spirit of the Jamaican people and their enduring quest for liberty and…

[govtshutdown]

Finally this week, we have the bill commonly referred to as THUD, Transportation, Housing and Urban Development.

[bethelctpride]

Housing is a queer issue

what's the number one reason someone has to stay somewhere unsafe? Can't afford to live somewhere else.

Queer folks are more likely to experience homelessness, trans folks even more so. And that's likely to set off a cascade of consequences with issues getting a job, accessing health care, and so on.

Wherever you live, show up for Planning & Zoning meetings or write a letter when they're considering higher density housing and especially if they're considering zone changes like Transit Oriented Development (TOD). Those aren't just for big cities!

Show up and say "Yes, I want Those People to live HERE".

Yes, In My Back Yard.

Sa, yes to infill especially where existing in-town lots with access to services are rezoned to higher density units. The new apartments should go where the sewer line already is, not where it requires running a whole new spur and where everyone is isolated and requires a car to get everywhere.

Say yes to that public housing in the downtown core where people can WALK to all the services they need.

Everyone should have access to safe affordable housing. You won't know who exactly you're helping, but you're helping tear down a barrier for everyone.

[allthecanadianpolitics]

Ontario builders and developers say the Doug Ford government has “overcorrected” when it comes to their housing plan, which they argue amounts to “political football.” In a public letter released Thursday, the Building Industry and Land Development Association (BILD)—which represents more than 1,300 home building and land development companies—said the Progressive Conservatives have abandoned their position of leadership.

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Tagging @politicsofcanada

[staticspaces]

Luxury Houses on the Hill

Also you can check out the video for the full story and walkthrough!!

Let's begin this spectacular new location by taking a look at some exteriors of these abandoned luxury homes on the hill!!

When passing through the area, I noticed these three large structures on a hill looking down over the city, at the time I thought they were mansions and became very excited. I drove up the winding road leading to the buildings and saw a couple of camping trailers, I approached one of them, a man and his dog came out and greeted me. We spoke for a bit and he informed me that the mansions were actually luxury condo units that were built about 5 years ago but never finished. The man said he was in contact with the owners and that they had allowed him to stay there in exchange for helping to maintain the buildings. He gave me the go ahead to have a look around and take photos.

You can check out the video for the full story!

[ehouzer]

Budget 2024 - What It Means for The Real Estate Industry - Part III

The Indian Union Budget 2024 has been released, and its implications for the real estate sector are substantial. This article will delve into the various facets of the budget, examining how the proposed changes will impact the real estate industry. As one of the most dynamic real estate markets in India, Gurugram's developments are keenly watched by investors, developers, and homebuyers alike. For a comprehensive overview of real estate in Gurugram and to stay updated on market trends, visit Ehouzer.

Key Highlights of Budget 2024

Increased Infrastructure Investment

One of the most significant announcements in the 2024 Budget is the increased allocation for infrastructure development. The government has earmarked an additional ₹2 trillion for infrastructure projects, which includes improvements in transportation, urban planning, and public utilities. This investment is expected to have a ripple effect on the real estate sector.

For Gurugram, this means enhanced connectivity and infrastructure. New roads, metro lines, and better public services will make the city more attractive to investors and homebuyers. Improved infrastructure typically leads to an increase in property values and a boost in real estate activities.

Affordable Housing Incentives

The Budget 2024 continues to emphasize affordable housing, a key focus area for the government. The introduction of new incentives for developers who build affordable housing projects is expected to drive the construction of more budget-friendly residential options. This initiative aligns with the government's goal of providing housing for all and is likely to stimulate demand in the residential real estate sector.

In Gurugram, the demand for affordable housing has been on the rise due to the influx of professionals and the growing population. With these new incentives, developers are likely to invest more in affordable housing projects in the region. For detailed insights into the real estate opportunities in Gurugram, explore Ehouzer

Tax Reforms and Benefits

The Budget introduces several tax reforms that are expected to benefit both developers and homebuyers. Key among these is the increase in the tax deduction limit on home loan interest payments. Homebuyers will benefit from higher deductions, making homeownership more affordable.

For developers, the Budget proposes tax incentives for the construction of green buildings and eco-friendly projects. This shift towards sustainability is expected to influence real estate development trends, encouraging the adoption of green building practices.

These tax reforms will likely boost the real estate market in Gurugram, as more homebuyers and developers take advantage of these benefits. To understand how these changes may impact your real estate investments, visit Ehouzer.

Impact on Residential Real Estate

Demand for Residential Properties

The combination of increased infrastructure investment and affordable housing incentives is expected to drive up demand for residential properties. In Gurugram, the residential real estate market is likely to see a surge in demand as more people look to invest in property due to improved infrastructure and attractive housing options.

This uptick in demand is also anticipated to influence property prices. While affordable housing projects may provide budget-friendly options, the overall rise in property demand could lead to increased prices in other segments of the residential market.

Shift Towards Sustainable Living

The Budget’s emphasis on green building incentives is expected to accelerate the shift towards sustainable living. Developers in Gurugram are likely to adopt more eco-friendly practices and technologies in their projects. This shift not only aligns with global sustainability trends but also meets the growing demand from environmentally-conscious homebuyers.

Sustainable living features, such as energy-efficient appliances, solar panels, and green spaces, are becoming increasingly popular. Homebuyers in Gurugram will benefit from these developments, gaining access to more sustainable and energy-efficient housing options.

Commercial Real Estate Developments

Growth in Office Spaces

The infrastructure investment outlined in the Budget is likely to benefit the commercial real estate sector, particularly the office space market. Enhanced connectivity and improved urban infrastructure will make Gurugram an even more attractive location for businesses.

Companies are expected to seek out modern, well-connected office spaces to accommodate their growing operations. This increased demand for office space will drive commercial real estate development in Gurugram, with new projects and expansions likely to emerge.

Retail and Mixed-Use Developments

The commercial real estate market in Gurugram will also see growth in retail and mixed-use developments. The increased focus on infrastructure and urban development will attract more retail businesses and mixed-use projects, which combine residential, commercial, and recreational spaces.

These developments are expected to enhance the urban landscape of Gurugram, providing residents and visitors with more shopping, dining, and entertainment options. For insights into the latest commercial real estate trends and opportunities, visit Ehouzer.

Investment Opportunities

Real Estate Investment Trusts (REITs)

The Budget 2024 includes provisions for the growth of Real Estate Investment Trusts (REITs), which offer a viable investment option for those looking to invest in real estate without directly purchasing property. REITs provide an opportunity to invest in a diversified portfolio of real estate assets and benefit from rental income and capital appreciation.

Investors in Gurugram should consider exploring REITs as a way to diversify their investment portfolio and gain exposure to the commercial real estate market. The growth of REITs in India presents new opportunities for both individual and institutional investors.

Affordable Housing Projects

With the new incentives for affordable housing, developers are likely to focus on projects that cater to the budget segment. Investors looking to capitalize on this trend can explore opportunities in affordable housing projects in Gurugram. These projects are expected to offer attractive returns due to the high demand for affordable housing.

For more information on investment opportunities in the real estate sector, including affordable housing and REITs, visit Ehouzer.

Regulatory Changes and Their Impact

Simplified Land Acquisition Processes

The Budget proposes measures to simplify land acquisition processes, which is expected to benefit real estate developers. Streamlined procedures will reduce delays and lower costs associated with land acquisition, facilitating faster project completion.

In Gurugram, these regulatory changes will likely lead to a more efficient real estate development process. Developers will be able to expedite their projects, which will, in turn, enhance the overall growth of the real estate market in the region.

Enhanced Transparency and Accountability

The Budget emphasizes the need for greater transparency and accountability in the real estate sector. New regulations are expected to address issues such as project delays, non-compliance, and financial transparency. These changes aim to build trust among investors and homebuyers.

For stakeholders in Gurugram, these regulatory changes will contribute to a more transparent and reliable real estate market. Developers and investors can benefit from the increased clarity and accountability in real estate transactions.

Challenges and Considerations

Potential Impact on Property Prices

While the Budget's initiatives are likely to boost the real estate sector, there are concerns about the potential impact on property prices. Increased demand for residential and commercial properties may lead to higher prices, which could affect affordability for some buyers.

Homebuyers and investors in Gurugram should consider these factors when making real estate decisions. It is essential to stay informed about market trends and property price movements to make well-informed investment choices.

Balancing Supply and Demand

The growth in real estate development, driven by increased infrastructure investment and affordable housing incentives, must be balanced with supply and demand dynamics. Overbuilding or misalignment between supply and demand could impact the stability of the real estate market.

Developers and investors in Gurugram should carefully assess market conditions and demand trends to ensure that new projects align with the needs of the market.

Conclusion

The Union Budget 2024 presents a range of opportunities and challenges for the real estate industry, with significant implications for the market in Gurugram, Haryana. Increased infrastructure investment, incentives for affordable housing, tax reforms, and regulatory changes are set to shape the future of real estate in the region.

As the real estate landscape evolves, stakeholders in Gurugram must stay informed and adapt to the changes to leverage new opportunities and address potential challenges. For more detailed insights into the real estate market in Gurugram and to explore investment opportunities, visit Ehouzer.

For personalized advice and assistance with your real estate investments, contact us.

[imflyingfish]

I gotta be less hard on myself. Annoyingly i know that my best work comes from when i am hard on myself. But i keep stopping myself from doing things i want to due to perfectionism. Annoying.