article thumbnail

Quarter of Wealth Gap Between Latino-White Households Comes from Housing

Pro Builder

Quarter of Wealth Gap Between Latino-White Households Comes from Housing. A quarter of the wealth gap between white and Latino households stems from housing wealth disparities, reports Zillow. White households have nearly 50% more wealth than Latino, and much of that boils down to housing disparities. cbroderick. Read More. .

article thumbnail

Rent or Buy? Here Are the Markets Where It’s Cheaper to Do Both

Pro Builder

Renters and buyers are searching for even ground as prices in both markets reach record peaks and nationwide housing supply dwindles. Homeownership is the better option in roughly three-quarters of the 100 largest metropolitan areas, especially with the added bonus of building equity. Housing Markets. Housing Markets.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Markets With Extreme Weather are Only Affordable to the Wealthy

Pro Builder

Miami Beach resident Curt Dyer says he’s spent nearly $250,000 in renovations to make his home more resilient to flooding, something that impacts the 30-year resident almost daily. A Tulane University associate professor of real estate told CNBC that these resiliency fixes create a “game of musical chairs” with home equity. .

article thumbnail

U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

The movement into secondary markets is underpinned by the anticipated increase in both debt and equity capital during 2014. Miami, which rose to number eight in the 2014 forecast from 12 th and 17 th place in 2013 and 2012, respectively, is benefiting from South American investment. real estate advisory practice leader, PwC.

ULI 83
article thumbnail

Designing spaces that promote enrollment

BD+C

A falloff in the number of births since the last recession and the rising cost of tuition/student housing are certainly a part of the equation. Jason Lane, dean of Miami University’s College of Education Health and Society, recently noted that with fewer people enrolling in college, “society is going to be less economically successful.

Design 52
article thumbnail

Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

Top 25 Finalists for Ivory Innovations' Housing Affordability Prize esorum Thu, 03/16/2023 - 09:09 This year’s finalists in the Construction & Design category include solutions to the labor shortage as well as environmentally friendly building solutions focused on decreasing construction time.

article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Once-abandoned buildings now house co-working spaces and incubators. The big ports of Virginia, Baltimore and Miami already are at that depth. In addition to providing equity, CI’s team works with each pre-seed company to offer advice, support and introductions to powerful connections that help develop a commercially viable business.

Indiana 40