Sentences with phrase «adding new housing stock»

It only makes sense that developers and municipalities now look up rather than out when adding new housing stock — a shift that starts with new zoning and amended building laws.

If the new Amazon HQ2 came to town, Detroit would see moderate rather than severe rent increases, largely because of its high vacancy rate of 11 percent and its ability to add new housing stock rapidly.

If the new Amazon HQ2 came to town, Detroit would see moderate rather than severe rent increases, largely because of its high vacancy rate of 11 percent and its ability to add new housing stock rapidly.

Not exact matches

We then calculate what the ratio would be if Amazon added 50,000 Amazon workers and 62,500 supplementary workers over a ten year period, as Amazon's RFP projects, and if the city's housing supply grew 20 percent faster than it did in the earlier period.1 We adjusted the 20 percent figure up or down to reflect differences in metros» level of difficulty in producing new housing, and we assumed that vacancy rates would drop to between 3 and 5 percent of the city's housing stock.

For example, we can imagine a city such as Buffalo New York taking a regional economic development policy line that, hypothetically, would amount to: «we've got the housing stock, a bounty of clean water, massive amounts of clean hydroelectric power, and we've made adding wind power a top priority.»

Since the housing slowdown began in the second half of 2005, the economy has added some 4 million net new jobs, wages have grown by 8 percent, and household wealth has grown by $ 5 trillion, mainly thanks to stock gains, an NAR analysis shows.

In order to create jobs and further stabilize housing and the economy, Nielsen added that the Administration, Congress and federal regulators need to reopen the lines of credit for builders ready to embark upon viable projects in markets where new housing stock is needed and to ease overly restrictive mortgage lending requirements for qualified home buyers.

In Canada, «We expect resale markets will become better balanced in 2010 as pent - up demand from the depressed levels of last fall and winter wanes and as the number of listings increase, removing some of the recent incentive to add more new housing stock, and cooling price increases in both the new and resale market,» says Warren.

«Policy makers and the housing industry need to recognize that the face of homeownership in America has changed and it is in everyone's interest to ensure that these new consumers have access to relevant lending products, affordable housing stock and culturally competent service providers in the coming years,» added Nery.