Subdivisions in states across the country are catering to people who want the benefits of living in homes without the burdens of home ownership.
Chris Arnold reports on new subdivisons that are made up of homes that are not for sale, just for rent. "[Developer Josh Hartmann] says there are basically three types of renters of these houses: recent divorcees like [Lou Ann] Erwin, aging baby boomers who don't want the headaches of owning a house anymore and millennials."
Hartmann says he started building homes after the housing crash as an alternative for people who lost homes to foreclosure and wanted time to recover financially before looking at home ownership again. Instead, he found that more people with the resources to purchase homes were choosing to rent instead.
The renters say they prefer the home and neighborhood amenities these rentals offer, including yards, patios, and community pools. In areas with rising housing prices, such as Denver, the rentals also offer an option for people reluctant to commit to long-term mortgages, notes Arnold. "In the past year, developers around the country built more than 40,000 homes as single-family rentals, the National Association of Home Builders says."
FULL STORY: Renters Only: These New Homes Aren't For Sale
When Large Corporations Buy Homes and Become Landlords
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Low-Barrier Motel Shelter Is a Success—But Not an Easy One
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West Virginia Tackles Vacancy With Tax Reform
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Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Waymo Gets Permission to Map SF’s Market Street
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Parklet Symposium Highlights the Success of Shared Spaces
Parklets got a boost during the Covid-19 pandemic, when the concept was translated to outdoor dining programs that offered restaurants a lifeline during the shutdown.
Federal Homelessness Agency Places Entire Staff on Leave
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Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Caltrans
Smith Gee Studio
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
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Salt Lake City
NYU Wagner Graduate School of Public Service