The Urban Potential of Multifamily Housing Renovation

Housing and the Economy: Policies for Renovation

Houses, Apartments and Condos: The Governance of Multifamily Housing

In the U.S., homeownership is strongly correlated with the type of building that households occupy. Data from the national American Housing Survey (AHS) indicate that 83 percent of occupied single-family, detached housing in the U.S. is owner-occupied while only 12 percent of units in multifamily buildings are owner-occupied. This paper fills a gap in the homeownership literature by considering...

The Business Cycles of Urban Housing Market (Case Study: Urban Housing Market of Isfahan, 1980-2014)

H ousing is a commodity with unique features and its market, especially in urban areas, is characterized by unique business cycles that differentiate it from other commodities. On one hand, housing market can be deeply influenced by economic shocks, and on the other hand, the sheer size of housing investments makes the economy particularly vulnerable to any shock in this market. Henc...

Determinants of Operating Costs of Multifamily Rental Housing

Operating costs are an important, but not much studied, component of apartment financial performance. This paper establishes an economic framework for interpreting operating costs and uses a unique data set to investigate the determinants of operating costs. Empirical results are consistent with theory and indicated that housing quality is a strong driver of operating costs; older properties mu...

Implementation of a Legionella Ordinance for Multifamily Housing, Garland, Texas

CONTEXT The incidence of legionellosis has sharply increased in the United States as a result of contaminated water systems. Jurisdictions across the country are considering whether to develop and implement regulations to protect individuals against Legionnaires' disease with its associated high morbidity and mortality. OBJECTIVE This article sheds light on the implementation and effectivenes...