My column for the January 2012 issue of Builder & Developer magazine is now posted online.
For this issue, entitled "Households Re-Think the Meaning of Home" I reviewed the major trends discussed at the 2011 ULI Fall Meeting here in Los Angeles as well as at the Building Industry Show in Long Beach.
An excerpt:
...In the short term, one thing is becoming clear: the smorgasbord of low-hanging fruit which largely powered the home building industry’s success since the end of World War II is now gone. But that’s not necessarily a bad thing. In its place is emerging a collection of specific opportunities targeting value-conscious Baby Boomers, hyper-connected Gen Y members, immigrants often in need of multi-generational housing and lifelong renters -- some of whom need affordable housing and others who still crave those services and amenities commonly found in luxury condominium buildings... To read the entire January 2012 issue in digital format,
click here.
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