James Sanna retweetledi
This photo has enough info in it to tell you exactly what US city it's taken in, at a glance. No need to zoom in.
And it's one of my absolute *favorite* regional construction quirks...
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James Sanna
9.4K posts
James Sanna
@JamesSanna
This account is an oort cloud of real estate, transit and housing policy news | Word mechanic at @BankerTradesman | @AaronKraemer's other half | He/him | 🌈
Chelsea, MA Katılım Eylül 2008
1.8K Takip Edilen1K Takipçiler
James Sanna retweetledi
8) Boston is a market where we've heard mixed reporting from the REITs, but UDR is one that called Boston "a really strong performer." Rent growth moderating some, but still high occupancy.
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James Sanna retweetledi
WOW
There still isn't a single major Midwestern housing market with falling year-over-year home prices
x.com/ResidentialClu…
ResiClub 🏡📊@ResidentialClub
Among the 300 largest metro area housing markets, these 110 markets are seeing falling home prices on a year-over-year basis resiclubanalytics.com/p/housing-mark…
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James Sanna retweetledi
While building Levittown PA, developers dug a pit to quarry sand and gravel for road paving. Once finished they let it fill with the rain, stocked it with Rainbow Trout and made it an amenity.
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James Sanna retweetledi
Real estate pro tip:
it’s probably naive to jump to conclusions from a Zillow screenshot.
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James Sanna retweetledi
When comparing housing shortage estimates, it’s helpful to be clear both on methods and the question/counterfactual being posed. “What’s the bare minimum we need to accommodate current households” will give different answers than “What would markets build without constraints”.
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Ironic reading this as I'm headed to a rah-rah presser about slow zone elimination.
MBTA@MBTA
Red Line Braintree Branch Update: Delays of about 20 minutes due to an ongoing signal issue near JFK/UMass. Passengers at JFK/UMass should board Alewife trains on the Ashmont Platform.
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James Sanna retweetledi
French cities with higher supply elasticity see lower price growth. This variation in supply elasticity is explained by variation in the restrictiveness of local land-use regulations.
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James Sanna retweetledi
The call seems to be coming from inside the house (or the House, as it were) when it comes to "debanking" legal cannabis businesses, per @politico Morning Money:
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James Sanna retweetledi
As they say, a pretty big f-ing deal.
If approved, the merger will put Rockland essentially neck-and-neck with its biggest local rival, Eastern Bank.
bankerandtradesman.com/rockland-trust…
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James Sanna retweetledi
COLLINS BLOCKS: Sen. Nick Collins blocks Boston tax shift, says he wants more time to digest data. #mapoli
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James Sanna retweetledi
This is what living in Boston is
Anton Skeor@tonyskeor
romanticizing crappy weather and public transport
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James Sanna retweetledi
James Sanna retweetledi
And I also think, tho again I’m talking my own book here, that it is one of the best ways around the investor unease around “oversupply”
Not all houses at the same, and in particular, there is a lack of smaller homes. So you aren’t competing with ADUs, Studios or McMansions
Bobby Fijan@bobbyfijan
A great episode ... I think it would be great to see more good faith "debates"
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James Sanna retweetledi
Filtering is a real and easily observable outcome of new housing supply.
Jay Parsons@jayparsons
*UPDATED AGAIN and STILL TRUE* When you build a lot of apartments, market-rate rents fall even in the most affordable (Class C) apartments. Across the U.S., 29 MSAs saw Class C rents fell >3.5%. In 26 of those, new apartment supply exceeds the U.S. average. Coincidence? Nope.
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James Sanna retweetledi
The real inhibitor of Missing Middle development:
You're amortizing a bunch of legally required capex (elevators, sprinklers, fire panel) and opex (fire panel monitoring) across many fewer units, impairing project returns.
If you want more of those buildings, have to carve them out of some of the regulations.
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James Sanna retweetledi
Report says Gateway Cities need to double housing production to meet rising demand commonwealthbeacon.org/housing/report… via @cwbeacon
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James Sanna retweetledi
ADU’s are great but how many families can afford to make a whole basement building code compliant?
Egress, sprinkler, potential FA installation. The cost rises extremely quick and stops a lot of homeowners in their tracks.
I would love to know how many ADU’s have been certified over the last few years.
Developers can’t build them due to LLC regulation and most Homeowners dont have 100/150k sitting around.
Planning Department@BostonPlans
The Planning Department is holding a virtual public meeting soon to share a new resource for our residents: the Accessory Dwelling Unit Guidebook! This meeting is your opportunity to learn more about ADUs and how they can benefit your family and community bostonplans.org/news-calendar/…
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James Sanna retweetledi
Housing is getting hit by a home insurance shock
To better understand where home insurance is headed next, I’ll be interviewing John Rogers, CoreLogic’s Chief Analytics Officer, at ResiDay on Friday (tomorrow!) in NYC
Get your ResiDay ticket here: lu.ma/wy03vch0
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