Responses from the RCLCo year-end 2018 Sentiment Survey indicate that the downturn is forthcoming. Fewer respondents are continuing to push out the predicted next downturn farther into the future, as in previous surveys. Some respondents (20%) believe that the downturn has already begun.
According to data from the EMSI consultancy, movement away from superstar cities toward more affordable locales is happening in other industries, too, such as finance and business services. Cost of living is a huge factor.
The Annual Demographia International Housing Affordability Survey conducted by Wendell Cox and Hugh Pavletich demonstrates that some cities can be economically successful and avoid over-charging households for their housing consumption.
At first glance, co-living might merely seem like an easier way for millennials to access lower cost housing, but it’s a lot more than that. In fact, even retirees are taking advantage of co-living spaces across the globe.
The Broadway Autopark, a 44-unit residential complex, opened on April 1. The apartments were built into the former Knightley’s Parking Garage at 303 S. Broadway in downtown Wichita. The parking garage has been converted into apartments.
What has occurred at the otherwise nondescript corner of 10th and Howard streets in San Francisco is nothing less than a resurrection — one that shows us how today’s cultural forces can alter the past, salvaging old treasures yet using them in ways their founders could not have conceived.