Hilex Real Estate Group’s Post

🏠 L.A.’s Housing Crisis: Big Changes Needed! 🏠 Los Angeles must build 456,643 new homes by 2029 to meet demand, but long approval times and red tape are slowing us down. A new study suggests key reforms to speed up the process, like raising the Site Plan Review threshold and using tech to streamline approvals. With these changes, we could boost housing production by over 25%! 🚀 Let’s push for these reforms and make L.A. affordable for everyone! 💬 What is the biggest barrier to building more housing in L.A.? Share your thoughts below! ⬇️ hashtag#LosAngeles hashtag#HousingCrisis hashtag#AffordableHousing hashtag#CityPlanning hashtag#UrbanDevelopment hashtag#RealEstate

🏠 L.A.’s Housing Crisis: Big Changes Needed! 🏠 Los Angeles must build 456,643 new homes by 2029 to meet demand, but long approval times and red tape are slowing us down. A new study suggests key reforms to speed up the process, like raising the Site Plan Review threshold and using tech to streamline approvals. With these changes, we could boost housing production by over 25%! 🚀 Let’s push for these reforms and make L.A. affordable for everyone! 💬 What is the biggest barrier to building more housing in L.A.? Share your thoughts below! ⬇️ hashtag#LosAngeles hashtag#HousingCrisis hashtag#AffordableHousing hashtag#CityPlanning hashtag#UrbanDevelopment hashtag#RealEstate

"Cities hoping to bring down housing costs should consider the “light-touch density” that duplexes and similar housing types provide." "Missing Middle" means a LOT of GREAT housing stock we USED to produce in MUCH larger quantities that created different options for home ownership and affordability and use...this solution...duplexes..is being done by some Builders but is a key element to the "fixes" we need as time moves forward to address our Housing Affordability...AND....Appropriability challenges! Karen and I owned a gorgeous 1896 Duplex unit in Evanston, IL...and it was our step up on the Ladder to appropriate housing for our needs at a price we could afford...AND...in a great location! Thanks Bruce Kahn for sharing this excellent piece! #MissingMIddle #FixTheMix! #RealEstate #MadisonRealEstate #WisconsinRealEstate #RealBrokerLLC #HousingCrisis #AppropriateDevelopment #Innovation #Emulation #DoWhatWorked! https://lnkd.in/gaxi_crX

This is a great read explaining how building more housing for the open market improves affordability for everyone. https://lnkd.in/eKSrwv5Z

When it comes to the housing crisis, it's not just about supply, and it's not just about numbers, it's about rethinking the entire process and approach to delivering homes. More than just an economic issue, it is fundamentally a design issue. I wanted to share an image I made a couple of years ago, as we were conducting research into the housing issue in Toronto with Proof Housing . My partners Jack Lipson and Kyle Brill realized that the city needed 52 towers of missing housing in order to balance the market. This was more than a number for us, however. It was a critique of how our housing system is set up to favour certain scales of development, and how a series of policy changes in the 1970s set up a system that benefits a small handful of developers that have deep enough pockets to play the game and shape the world we live in. Our planning system has done very little to change this. I wanted to see what our city would look like with these 52 towers, and hope it resonates with others. The crisis is not just about supply. And when we talk about supply without speaking about typology or process, we are inadvertently providing fuel to empower a system that is clearly broken. We need to rethink the process, and allow space for alternative models. Unless this is the future you picture.

Transforming Urban Challenges into Opportunities in Housing The current housing market in Toronto can feel overwhelming for many clients and referral partners. - Rising costs are putting pressure on potential homeowners. - Conventional city designs are often uninviting and lack community spaces. - Affordable housing options seem scarce, especially for families. This situation has left many feeling frustrated and anxious about their housing future. However, there is hope! The new Downsview West development promises innovative solutions that could reshape the landscape of housing in Toronto. - The development introduces 8,800 homes, including 1,700 designated as affordable housing. - It features a unique design that prioritizes parks and semi-public spaces over traditional city blocks. - The plan includes repurposing a runway into a vibrant pedestrian thoroughfare, enhancing community interaction. These features create exciting opportunities for both current and future homeowners. Imagine a community where families can thrive, with easy access to parks, shops, and amenities that foster connection. With a development like Downsview West, not only will the pressure of finding affordable housing lessen, but it will also lead to happier, healthier living environments for everyone involved. If you want to understand your borrowing power and how these developments may impact your options, calculate your affordability here: https://buff.ly/4fm5srD.

Can continued suburban expansion alleviate rising housing costs in the urban center, or will cities have to grow denser to become more affordable? On one side of the debate are those who argue that residential mobility between submarkets is high, so increasing aggregate housing supply will make housing more affordable for everyone, regardless of what kind of housing is built and where it is built. Those on the other side of the debate argue that residential mobility is in fact low, and therefore building more housing will make cities more affordable for low- and middle-income families only if the newly built housing is relatively affordable and located near those families. 

demand. However, high construction costs and financing gaps are slowing development, exacerbating the state’s housing shortage. To address this, state and local leaders must collaborate on solutions like zoning reforms, increased subsidies, and rehabbing vacant properties. If left unaddressed, the lack of new housing will continue to drive up prices, making affordability even more elusive for residents. Action is needed now to ensure long-term housing stability. #massachusettshousing https://lnkd.in/gKnVHMy7

How can developers navigate the challenges of creating affordable housing? With the affordable housing crisis persisting, initiatives like New York City's Housing New York are paving the way for innovative solutions. Explore key considerations for developers looking to make an impact in this critical sector. https://okt.to/yHd5qw #AffordableHousing #RealEstateDevelopment #HousingCrisis #UrbanDevelopment

How can developers navigate the challenges of creating affordable housing? With the affordable housing crisis persisting, initiatives like New York City's Housing New York are paving the way for innovative solutions. Explore key considerations for developers looking to make an impact in this critical sector. https://okt.to/yP5sKQ #AffordableHousing #RealEstateDevelopment #HousingCrisis #UrbanDevelopment