February 20, 2025

Chronoto.pe

Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Headlines

Real Estate

Renting Less Affordable Than Ever Before, While Mortgages Remain Affordable, by Historical Standards — SEATTLE, Aug. 13, 2015 /PRNewswire/ —

Zillow08 mins

Content should come here endclickprintexclude startclickprintexclude endclickprintexclude title startclickprintexclude endclickprintexcludeSEATTLE, Aug. 13, 2015 /PRNewswire/ — Paying for a mortgage is still affordable, while rent takes up more income than ever in most major metro areas, according to a Zillow® analysis of U.S. rental and mortgage affordabilityi in the second quarter of 2015. Rental affordability worsened over…

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The millennial boom is over in D.C. Is that terrible news for the economy? – The Washington Post

Jonathan O'Connell 012 mins

Inside the main dining room at Le Diplomate, on 14th Street NW. (Amanda Voisard/For the Washington Post) For much of America, it was a long, slow crawl out of the Great Recession. Five years ago, auto and steel plants had shut their doors. Investments had collapsed. Foreclosures and unemployment were spiking. Yet in D.C., it…

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More Americans Are Renting, and Paying More, as Homeownership Falls – The New York Times

DIONNE SEARCEY015 mins

Photo The house at 339 Livingston Street is the home that Johnnie McDowell, shown with his daughter, Erin, would like to buy, but can’t afford. Credit Fred R. Conrad for The New York Times WESTFIELD, N.J. — To Johnnie McDowell, the house on Livingston Street seems to taunt him every time he walks by. It’s…

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Blocky, Multifamily Buildings Mark the ‘Jengaform’ Architecture of This Decade – CityLab

Kriston Capps08 mins

When the story of the Teens is set down in stone, the section on how people lived will include plenty of shudder-worthy chapter headings: crop-tops, selfie sticks, sharing plates small and large. But the portion on housing in the 2010s will have just two factors: stacked and elevated. The “Jengaform” look of recovery-era multifamily architecture…

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There Aren’t Enough Rich People to Fill NYC’s Luxury Condos – Lifestyles of the Rich and Richer – Curbed NY

Zoe Rosenberg05 mins

[Rendering via VisualHouse.] There are a lot of really, really expensive apartments poised to enter the market in the next few years (we’re lookin’ at you, 220 Central Park South and Nordstrom Tower) that will join the ranks of the city’s already-inundated luxury market. A few questions have been floating around for a while: when’s…

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Cuomo’s Raw Rent Deal “Is How Ethnic Communities Disappear From This City”: Gothamist

Ben Miller03 mins

(Gothamist) Less than 24 hours after Albany’s Three Men in a Room announced their “framework” for a deal that leaves the city’s rent regulations mostly unchanged for the next four years, a crowd of protesters gathered outside Governor Cuomo’s Midtown office to voice their outrage and concern for the future. “I’m exhausted, frustrated, and honestly…

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Can Successfully Kicked Down Road Past Rent-Controlled Apartments – The Awl

Matt Buchanan01 mins

The Assembly, controlled by Democrats, had pushed to strengthen rent regulations so that fewer apartments would become market rate in future years, but it faced opposition from the Republican-controlled Senate. As part of the agreement, the rent threshold at which a vacant apartment can be deregulated will increase to $2,700, from $2,500. That threshold would…

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Saudi Billionaire Buying $95 Million Penthouse In America’s Tallest Residential Tower: Gothamist

Rebecca Fishbein 02 mins

gallery js A billionaire from Saudi Arabia has reportedly purchased the $95 million penthouse apartment at 432 Park Avenue, the tallest residential skyscraper on this side of Planet Earth. The billionaire was likely drawn to the apartment’s six bedrooms, seven bathrooms and magnificent views, all of which are perfect for hiding millions of tax-free dollars…

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