Addressing the nationwide housing crisis


The main reason is that 20,000 new apartments flooded the Denver market last year, said Cary Bruteig, a researcher with Apartment Insights who worked on the report for the association.

“That is a huge number … a 5% increase in a single year,” Bruteig said. “What that’s done is vacancies have moved up from 5.8% a year ago to 7% today. … And what happens when vacancy rates get over six is apartment communities start becoming much less aggressive in raising rents. In fact, they will often start flattening rents and offering concessions.”
 
Builder confidence in the U.S. housing market fell sharply in May, marking its lowest level since November 2023, according to a new report from the National Association of Home Builders (NAHB). Developers are contending with a sluggish selling season and mounting economic pressures.
[...]
Per the NAHB, persistent uncertainty around tariffs, rising building material costs, and sustained high interest rates have rattled builder sentiment. These headwinds have forced builders to slash prices during the peak homebuying season.
 
Baltimore held a single stair design competition. The winners can be viewed below, pretty cool.


 

Skimming some articles online and found this. Looks like there's a lot of housing legislation in the works in Texas. I saw there's a bill that cleared the senate legalizing single stairway buildings, also a bill headed to the governor's desk rezoning commerical to residential in major cities.

But more than 60% of Texas voters surveyed by YouGov and Texans for Housing said preserving local control isn’t as important as allowing property owners to build more kinds of homes “to meet the needs of their community.”
If only our politics were more like this 😭
 

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