flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Would apartment shells help the housing market?

Would apartment shells help the housing market?


May 3, 2011

One reason the U.S. government pushed for homeownership is because it’s thought to reduce turnover and build strong communities. Owners have a vested interest in their properties whereas renters don’t—but what if were to change?

Hong Kong, for example, has a significant number of apartment buildings where units are rented out as shells and it’s the responsibility of the renter to finish them and make them habitable. Renters have a reason to stay put and maintain the unit because they effectively own a chunk of it. When they do move out, a new renter adds a new interior, so units are always being updated.

Can this setup work for rental buildings in the U.S.?

Full story

Source: Metropolis

Related Stories

Market Data | Dec 29, 2020

Multifamily transactions drop sharply in 2020, according to special report from Yardi Matrix

Sales completions at end of Q3 were down over 41 percent from the same period a year ago.

Multifamily Housing | Dec 16, 2020

What the Biden Administration means for multifamily construction

What can the multifamily real estate sector expect from Biden and Company? At the risk of having egg, if not a whole omelet, on my face, let me take a shot.

Giants 400 | Dec 16, 2020

Download a PDF of all 2020 Giants 400 Rankings

This 70-page PDF features AEC firm rankings across 51 building sectors, disciplines, and specialty services.

Multifamily Housing | Dec 4, 2020

The Weekly show: Designing multifamily housing for COVID-19, and trends in historic preservation and adaptive reuse

This week on The Weekly show, BD+C editors spoke with leaders from Page & Turnbull and Grimm + Parker Architects about designing multifamily housing for COVID-19, and trends in historic preservation and adaptive reuse

Giants 400 | Dec 2, 2020

2020 Multifamily Sector Giants: Top architecture, engineering, and construction firms in the U.S. multifamily building sector

Clark Group, Humphreys & Partners Architects, and Kimley-Horn head BD+C's rankings of the nation's largest multifamily building sector architecture, engineering, and construction firms, as reported in the 2020 Giants 400 Report.

Smart Buildings | Nov 20, 2020

The Weekly show: SPIRE smart building rating system, and pickleball court design tips

The November 19 episode of BD+C's The Weekly is available for viewing on demand.

AEC Tech | Nov 12, 2020

The Weekly show: Nvidia's Omniverse, AI for construction scheduling, COVID-19 signage

BD+C editors speak with experts from ALICE Technologies, Build Group, Hastings Architecture, Nvidia, and Woods Bagot on the November 12 episode of "The Weekly." The episode is available for viewing on demand.

Multifamily Housing | Nov 11, 2020

San Jose affordable housing project will feature a mass timber frame

SERA Architects and Lendlease will design and build the project.

Multifamily Housing | Oct 30, 2020

The Weekly show: Multifamily security tips, the state of construction industry research, and AGC's market update

BD+C editors speak with experts from AGC, Charles Pankow Foundation, and Silva Consultants on the October 29 episode of "The Weekly." The episode is available for viewing on demand.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021