Housing affordability continues to deteriorate in major urban centers of the U.S. This perhaps explains why interest in these undersized units is quietly gaining momentum—especially in markets where they now make up a considerable share of new construction. The trend is most pronounced in some of the nation’s most expensive cities. Seattle leads the pack, with micro-units accounting for two-thirds of new construction…

Nationwide, commercial vacancies are becoming increasingly noteworthy as the gap between residential rental rates and stagnant wages widens. Low-income earners, folks making between $20,000 and $30,000 annually (typically minimum wage employees, students and seniors living on Social Security), have been joining the ranks of the unhoused at an alarming rate due to the scarcity of affordable housing.

Micro-apartments were practical before they were cool. Once a spot-on solution for factory workers and new arrivals to big cities, they’ve evolved into a trendy lifestyle choice for recent grads, young professionals and empty nesters embracing urban living.

Tiny apartments with a view, anyone? Recent trends have shown people are adopting a "less is more" mindset with just about everything – living spaces included. Now called "small-space living," the phenomenon has taken the nation by storm. Especially navigating recent economic trends and high cost of housing, renters of all ages are drawn to lower price points and amenity-rich, transit-oriented communities.

The size of a typical studio apartment is 500 to 600 square feet. The studios that Riaz Capital is building around the Bay Area measure on average 300 square feet — which is on the small side, even for a standard hotel room. But the Oakland-based developer sees micro-studios as a way to provide “affordability by design” in a state where the cost of housing is a major financial burden for many residents.

But new research from The Pew Charitable Trusts and Gensler, a global architecture, design, and planning firm, has identified a more economically viable approach to office-to-residential conversions using a design that reduces construction costs and enables low rents that are affordable for people earning well below an area’s median income.

Estate agents praised a 'spacious' studio apartment the size of two parking spaces, which is for sale for half a million in the prestigious London district of Mayfair.  The 273 sq ft studio has an asking price of twice the price of the average UK house and comes with classic architecture and a porter service. However, despite the small size of the property, an estate agent claims it is a perfect opportunity for investors or those seeking a central London home.

Florida added hundreds of thousands of rental units between 2012 and 2021, but the number of units renting for $1K or less declined. Nationally, rent growth is on the decline and the market is beginning to favor tenants. But that trend may be a ways off in Florida, according to research from the University of Florida (UF).

Just about every economic data point says South Florida is booming. Blue-chip companies are moving in, unemployment is low, job growth is solid and demand for office space is robust. The list continues: Home prices have soared, bank deposits have ballooned and apartment rents keep rising. But one key indicator — population growth — tells a different tale.

As the world’s population continues to grow and urbanize, the demand for housing in cities is skyrocketing. Traditional apartments and houses are becoming increasingly unaffordable for many city dwellers, leading to a rising trend in micro-apartments. These compact living spaces offer a solution to the housing crisis and a glimpse into…

A rising share of Americans say the availability of affordable housing is a major problem in their local community. In October 2021, about half of Americans (49%) said this was a major problem where they live, up 10 percentage points from early 2018. In the same 2021 survey, 70% of Americans said young adults today have a harder…

As rent prices begin to stabilize throughout the country, Florida remains an outlier with its ever-increasing population and rising cost of living — a challenge the Boynton Beach Community Redevelopment Agency hopes to address with several new projects. States that saw an influx of residents during…