With urban living becoming a more popular choice, especially by young people of means, long-time city residents and small businesses are being priced out of popular neighborhoods.
The problem has worsened in the past decade, with seven out of the 11 largest metropolitan areas in the U.S. becoming less affordable to the median metro-area renter between 2006 and 2014. While a few decades ago, city planners were focused on reversing inner city economic decline, today many are facing the challenge of making areas more inclusive and affordable for the working class.
In response, some cities have revamped zoning and land-use planning to create more affordable housing. In East Austin, Texas, for example, the city is allowing construction of accessory dwellings on properties that can be rented to help defray the increased costs of living.
Another option is to encourage more small-footprint, multi-unit housing. City planners are facing more pressure to take action as gentrification protests have proliferated in cities across the country recently.
Related Stories
Codes and Standards | Jan 27, 2021
AECOM sues insurance carrier for payment of COVID-19 property damage claims
Claims ‘all-risk policies’ should have included millions of dollars of losses due to virus.
Codes and Standards | Jan 26, 2021
Updated guide to repair and rehabilitate existing concrete structures published
Document assesses how to adhere to code requirements.
Codes and Standards | Jan 25, 2021
New guide for skylight selection, daylighting design released
Free Fenestration and Glazing Industry Alliance document now available.
Codes and Standards | Jan 21, 2021
California considers statewide ban on natural gas heat, hot water in new homes
Code update would take effect in 2023.
Codes and Standards | Jan 20, 2021
Steel industry, labor urge Biden to retain steel tariffs
‘Essential to ensuring the viability of the domestic steel industry.’
Codes and Standards | Jan 19, 2021
2021 Solar Investment Tax Credit will remain at 26%
Incentive was scheduled to be reduced to 22%.
Codes and Standards | Jan 19, 2021
Thomas Jefferson University launches the Institute for Smart and Healthy Cities
Will address climate change, social equity, rapid urbanization, and health.
Codes and Standards | Jan 14, 2021
Petition urges FEMA to update flood maps, set tougher standards for floodplain construction
Environmental and planning groups note soaring claims, flood insurance debt.
Codes and Standards | Jan 13, 2021
Proposed change to IECC process irks efficiency advocates
New procedure would diminish influence of local code officials.
Codes and Standards | Jan 12, 2021
Two net-zero hotel projects could portend a new hospitality trend
Energy-intensive sector comprises 10% of all commercial real estate.