The pandemic disproved urban progressives' theory about gentrification
From California to the Northeast, a funny thing has happened recently in America’s most expensive metropolitan areas: Rents have gone down. Ever since remote workers began fleeing urban cores at the start of the coronavirus pandemic—whether to the Hamptons or their parents’ basements—urban housing markets have been flooded with empty apartments. As a result, the prices that rental units command in certain large cities have dropped dramatically.
The Atlantic • January 7, 2021
Amazon pledges $2 billion for affordable housing in three hub cities
Amazon is launching a $2 billion housing equity fund to preserve and create over 20,000 affordable housing units in Washington state’s Puget Sound region; Arlington, Virginia; and Nashville—three areas where the company has or expects to have at least 5,000 employees each in the coming years.
The housing effort reflects the online retailing giant’s commitment to affordable housing and seeks to ensure that moderate- to low-income families can afford housing in resource-rich communities with easy access to neighborhood services, amenities and jobs.
Forbes • January 6, 2021
How the pandemic led to a rare success in California's effort to house the homeless
State program, Project Homekey, has quietly and efficiently purchased and rehabilitated buildings for homeless individuals.
Los Angeles Times • January 1, 2021
The radical architecture of tomorrow already exists
From 1950s utopias with towering skyscrapers and flying cars, to 1980s dystopian mega cities like the one in Ridley Scott’s Blade Runner, to recent futurists’ designs of sprawling “green” metropolises, the one thing that everyone can agree on, it seems, is that the future is going to be full of heroic, monumental structures.
Bloomberg • January 4, 2021
New York halted evictions. But what happens when the ban ends?
When New York State lawmakers approved emergency legislation this week to ban evictions for at least two months, they were seeking to prevent hundreds of thousands of people from being forced from their homes during the winter, with the pandemic still raging. But they also feared something more perilous: a broad ripping at the fabric of society.
The New York Times • January 1, 2021