Skyrocketing housing prices may not be a bubble, but they’re probably not sustainable either. In pricey, dense cities, forget “missing middle” housing: think “missing large.” Long cast aside as too polluted for recreation, urban rivers are having a moment.
Home prices are starting to alarm policymakers: Experts say the current rise in home prices is unsustainable and are drawing comparisons to the housing bubble that led to the 2008 housing market crash and global economic recession. However, loans are stronger, regulations are tighter, and there is less of an overflow of housing stock than in those days. A price wall, rental crisis, and market stall do loom. (Katy O’Donnell | Politico)
Every day at The Overhead Wire we sort through over 1,500 news items about cities and share the best ones with our email list. At the end of the week, we take some of the most popular stories and share them with Urban Milwaukee readers. They are national (or international) links, sometimes entertaining and sometimes absurd, but hopefully useful.
The suburbs need a retrofit: Low density exurban areas are no longer inhabited by the people they were designed for. By redesigning and rezoning for higher density and lower income households, suburbs can become much more livable for the one to two person household.
National links: The suburbs aren t built for how we live now – Greater Greater Washington ggwash.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ggwash.org Daily Mail and Mail on Sunday newspapers.