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#apartments

4 posts4 participants0 posts today
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Public
Preston Maness ☭

@davidsirota The report:

pestakeholder.org/reports/priv

says:

>We have identified 121 private equity companies[36] that own at least 8,200 apartment buildings with over 2.2 million units.[37]
>
>...
>
>Private equity’s ownership of almost 2.2 million apartment units represents about 10 percent of the total number of apartment units in the country.[39]

Source 37 is only given as:

>Data Source: Yardi Matrix and Lexis Nexis

Which, unfortunately, is a duo of proprietary sources. The authors likely can't release it for verification :(

Source 39 is given as:

>According to the National Multifamily Housing Council’s tabulation of 2023 American Community Survey microdata from the US Census Bureau, there are almost 23.3 million apartment units in the U.S. An apartment unit is defined as any rental unit in a structure with 5 or more units. nmhc.org/research-insight/quic

Alas, that page gives only a bunch of spreadsheets, with no indication of where the 23.3 million number is coming from. Looks like it comes from the "State Distribution of Apartment Stock, 2022" XLS file, as the sum of all 50 cells with numbers for apartment units for each state comes up to "23,275,718" total units, which is indeed "almost 23.3 million."

Their underlying data source is the American Community Survey microdata, and the NMHC frustratingly does not release their work/code on how they go from that microdata to their tabulations.

Attempting to look at building stats from the microdata, for example, gives this:

data.census.gov/app/mdat/ACSPU

I can't get any of their numbers in their "State Distribution of Apartment Stock, 2022" XLS file (NMHC tabulations of 2023 American Community Survey microdata, US Census Bureau. Updated 10/2024) to line up with this table. According to the above linked table, there are 6,603,715 5+ apartment units, 6,205,203 10+ apartments units, 5,517,342 20+ apartment units, and 9,795,042 50+ apartment units, for a total of 28,121,302 estimated apartment units, across the United States. The table I selected includes DC, but that only accounts for 201,294 of the total.

28.1 million (or 27.9 million without DC) apartment units is pretty far from 23.3 million apartment units. What gives? Perhaps NMHC uses a different Housing Unit Weight? Does other prodcessing of the microdata?

The resulting percentage of apartment units owned by private equity would still be alarming (7.88%), just not quite at that double-digit 10.0% mark.

Private Equity Stakeholder Project PESP · Private Equity Multi-Family Housing TrackerPESP’s analysis of private equity buyouts in apartment housing reveals that PE firms own 10% of all US apartment units
#CivicTech#Census#landlords
Replied in thread
Public *
Now at @aj@gts.sadauskas.id.au

@ckent @nickzoic @jessta That 3–5 storey range is a good happy medium. Especially if there's shops or cafés on the ground floor.

Having looked at apartments lately, it's amazing the difference that bigger room sizes, a wider living room, and a larger balcony can make.

I think there's also an underserved need for more 3 to 4 bedroom apartments.

And in terms of housing affordability, 4 bedrooms might make housing more affordable for people.

How?

Because many people — especially younger people — share an apartment.

So even if the apartment costs $1000 per week, if it's shared between four housemates, that works out to just $250 each per week.

#housing#urbanism#houses
Public
John Arnold

_The Evening Post_, 3 April 1925:
          FLATS AND HOMES
   MODERN HOUSEKEEPING
REMARKS OF PROFESSOR OF
          ARCHITECTURE
  … Professor C. R. Knight, who arrived at Auckland this week to take the new Chair of Architecture at the Auckland University, laughingly denied having any particular plans for teaching new architecture to New Zealand. Every town… had to be judged from an architectural point of view by its local conditions…. Location, trade, and lay-out all had their influences on building.
  Trained in England, France, and America, Professor Knight is a young Australian…. He says that the most striking thing about architecture in New York at the present time is the development of the “flat.”…
“I think… #flats will continue to grow with the cities,” added Professor Knight, who instanced one or two very large Sydney flats. As the business of a city grew, private houses gave way to shops and stores. The people had then to either live in flats or get out to the far suburbs, and a very large proportion of them preferred the flat with its close proximity to the theatres, shops, and restaurants, and its absence of many of the usual household worries including the servant."
paperspast.natlib.govt.nz/news

Black-and-white photo: Northern portion of Wellington Terrace, 1928. Photographer, E. T. Robson. Extended caption: Parliament Buildings in the foreground, to the left. The Congregational Church to the right. Bolton Street is behind Kelvin Chambers (medical). Dr. Henry’s house, St. Andrew’s Church and Braemar Flats to the right. Mayfair Flats (in front of the Home for returned soldiers) are in course of construction. Description: A view of the inner city buildings on flatter land with hills in the background, the closer slops with houses, those further away not built on significantly. Citation: Louis E. Ward, _Early Wellington_, Whitcombe and Tombs, 1928, p. 317. https://digitalnz.org/records/1541364/fig-220basin-reserve-1928-showing-the-new-pavilion-the-dixon-memorial-clock
Details of the photo showing the Mayfair Flats in course of construction.
#OnThisDay#OTD#PapersPast
Public
Mark

#Trump says efforts to end Ukraine war ‘somewhat under control’ just hours before deadly Russian drone strike #civilians in Kyiv

Just a few hours after the interview, Kyiv was hit by multiple Russian kamikaze drones, targeting multiple multi-story residential buildings killing three people and injuring 10 others.

kyivindependent.com/trump-says

The Kyiv Independent · Trump says efforts to end Ukraine war 'somewhat under control' just hours before deadly Russian strike on Kyiv"I don't think there's anybody in the world that's going to stop (Putin) except me," Trump said shortly before three people were killed in Kyiv by Russian drones.
#RussianAggression#WarCrimes#apartments
Public
The Kyiv Independent [unofficial]

Ukraine Daily summary - Monday, March 24 2025

Russian attacks on Kyiv undermine peace efforts -- Ukrainian Air Force strike 'completely destroys' Russian troop position in Toretsk -- Ukraine's 3rd Assault Brigade liberates village of Nadiya in Luhansk Oblast -- Starmer says he faced pressure from US to criticize Zelensky after Oval Office clash with Trump -- and more

writeworks.uk/~/UkraineDaily/U

writeworks.ukUkraine Daily summary - Monday, March 24 2025Russian attacks on Kyiv undermine peace efforts -- Ukrainian Air Force strike 'completely destroys' Russian troop position in Toretsk -- Ukraine's 3rd Assault Brigade liberates village of Nadiya in Luhansk Oblast -- Starmer says he faced pressure from US to criticize Zelensky after Oval Office clash with Trump -- and more
#volunteers#ukraine#toretsk
Public
The Kyiv Independent [unofficial]

Ukraine Daily summary - Sunday, March 23 2025

Russia uses propaganda narratives to undermine peace talks, shift blame to Ukraine, ISW says -- 'They are Russian-speaking, and there have been referendums'; US's Witkoff parrots Russian propaganda -- Putin's new decree part of plan to forcibly Russify Ukrainians, UK intelligence says -- Italy suspends Starlink purchase negotiations with SpaceX amid Musk controversy -- and more

writeworks.uk/~/UkraineDaily/U

writeworks.ukUkraine Daily summary - Sunday, March 23 2025Russia uses propaganda narratives to undermine peace talks, shift blame to Ukraine, ISW says -- 'They are Russian-speaking, and there have been referendums'; US's Witkoff parrots Russian propaganda -- Putin's new decree part of plan to forcibly Russify Ukrainians, UK intelligence says -- Italy suspends Starlink purchase negotiations with SpaceX amid Musk controversy -- and more
#путин#homes#disinformation
Public
The Kyiv Independent [unofficial]

Ukraine Daily summary - Friday, March 21 2025

Western intel contradicts Trump's, Putin's claims on Ukraine's encirclement in Kursk Oblast -- Extending NATO's Article 5 to Ukraine would test Russia’s peace intentions, Meloni says -- Russia's Engels air base ablaze after Ukrainian drone strike -- Sudzha gas metering station in Russia's Kursk Oblast on fire following multiple explosions -- and more

writeworks.uk/~/UkraineDaily/U

writeworks.ukUkraine Daily summary - Friday, March 21 2025Western intel contradicts Trump's, Putin's claims on Ukraine's encirclement in Kursk Oblast -- Extending NATO's Article 5 to Ukraine would test Russia’s peace intentions, Meloni says -- Russia's Engels air base ablaze after Ukrainian drone strike -- Sudzha gas metering station in Russia's Kursk Oblast on fire following multiple explosions -- and more
#destroyed#houses#sudzha
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