Why is Non-Profit Housing So Expensive? Take a Closer Look at Unit Size
We’re waiting for the official release of the Joint Legislative Audit and Review Committee (JLARC) study on why or whether non-profit subsidized housing is more costly to produce than market rate, for-profit housing. Today at Forbes I go on at length about why that is the case. I think the answer may be that market […]
DADUTÉ: The Detached Accessory Dwelling Unit Tax Exemption Program
Yesterday, I wrote about a way to capture the value in thousands of backyards by creating a loan product that could spark a market in building and producing Detached Accessory Dwelling Units (DADUs) or backyard cottages as they are often called. Today, for those who think that $2500 is too expensive and want lower rents, […]
Surprise! Older Buildings and New Construction Mean Lower Rents
I’m not going to say much other than, yep, “We told you so!” Well maybe not you in particular, but the wide world in general. What’s the big shocker? It’s from Apartment List: As cities across the U.S. debate ways to improve affordability, it is crucial to understand the important role that aging buildings play […]
