The sad state of office buildings could cause something called the “doom loop.” $1.5 trillion in commercial real estate debt, is owed to banks, pension funds, and insurance companies before the end of 2025, and secured by properties that may not be worth what they were five or 10 years ago when those loans got made.
Tech start-up Higharc aims to “reinvent home design for the digital age.” The company uses iterative design to create “custom” 3D models and plans. Algorithmic design isn’t new to architecture, but it looks like Higharc seeks to do away with “expensive, architect-designed plans that take forever to produce.”
There are two different tales we tell ourselves about houses. The primary story is about bright futures, long lives, children, grandchildren, and hard-earned success. The second story, the darker story, is about the horror of being trapped.
I had been living in Rome but moved to Chicago five years ago. Obsessively renting out my home was the only way I could make it in the gig economy. When I found myself sleeping on the subway, I realized I’d gone too far.
Seven years after he started working on “The One,” a 100,000-square-foot mansion in Bel-Air, movie producer turned developer Nile Niami says he’s just about ready to test the market with his ballyhooed $500 million asking price.
When the ‘Twitter tax break’ took effect eight years ago, it was intended to draw tech companies to rundown Mid-Market Street and lead to a neighborhood revitalization. Did it succeed?
A prominent housing analyst expects hundreds of thousands of defaults next year as mortgage forbearance periods end. At first glance, those projections look bad. On closer inspection, however, this round of foreclosures should be mild in comparison to the financial carnage of 2008 to 2010.
Hong Kong is the most expensive housing market in the world. It has been ranked as the least affordable housing market on Earth for eight years in a row. The inflated prices are forcing Hongkongers to squeeze into unconventionally small spaces that can affect their quality of life.
A former Titan II missile complex, the complex is a fixer upper and ready to become one of the few homes that once stood ready to pummel America’s enemies with the destructive force of 9,000,000 tons of TNT. The realtor posted a listing price of just $395,000.
Two shipping containers are joined together and topped by an angular polycarbonate extension in this conceptual design for low-cost housing by Peruvian firm TRS Studio. TRS Studio designed the speculative dwellings for communities that struggle with housing issues and lack resources to devote to buying construction materials.
In the midst of a housing crisis, an injection of cash into the superheated real-estate market seems likely to cause an uptick in evictions and displacement.
There was a time when public housing served a different purpose — that it served fairly well the people who lived in it, that it was safe and decent housing, and that it did help people as a sort of stepping stone. It was a different demographic that it was serving in that way.
Air conditioning systems can replace the entire air volume in an office building five or 10 times an hour. Machines that capture carbon dioxide from the atmosphere—a developing fix for climate change—also depend on moving large volumes of air. So why not save energy by tacking the carbon capture machine onto the air conditioner?
