Recent News
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New Framework for Multi-Tenant Houses in Toronto, Canada
Multi-tenant (rooming) houses are an important part of Toronto’s rental housing stock. They come in a wide range of forms and are home to a diverse array of residents, including newcomers, students, seniors and those with low-and-moderate incomes. On December 14, 2022, Toronto City Council adopted a new regulatory framework for multi-tenant houses…
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University of Florida report shows Florida lagging behind the nation in affordable housing recovery
Florida added hundreds of thousands of rental units between 2012 and 2021, but the number of units renting for $1K or less declined. Nationally, rent growth is on the decline and the market is beginning to favor tenants. But that trend may be a ways off in Florida, according to research from the University of Florida (UF).
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Mixed Signals: Amid Economic Boom, South Florida Population Shrinks
Just about every economic data point says South Florida is booming. Blue-chip companies are moving in, unemployment is low, job growth is solid and demand for office space is robust. The list continues: Home prices have soared, bank deposits have ballooned and apartment rents keep rising. But one key indicator — population growth — tells a different tale.
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The Future of Urban Living: The Rising Trend of Micro-Apartments
As the world’s population continues to grow and urbanize, the demand for housing in cities is skyrocketing. Traditional apartments and houses are becoming increasingly unaffordable for many city dwellers, leading to a rising trend in micro-apartments. These compact living spaces offer a solution to the housing crisis and a glimpse into…
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Key facts about housing affordability in the U.S.
A rising share of Americans say the availability of affordable housing is a major problem in their local community. In October 2021, about half of Americans (49%) said this was a major problem where they live, up 10 percentage points from early 2018. In the same 2021 survey, 70% of Americans said young adults today have a harder…
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Cottage District and The Pierce will bring affordable housing to Boynton Beach
As rent prices begin to stabilize throughout the country, Florida remains an outlier with its ever-increasing population and rising cost of living — a challenge the Boynton Beach Community Redevelopment Agency hopes to address with several new projects. States that saw an influx of residents during…