Theresa McDonald
@Treesamay
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Joined April 2009
This is a great thread. I truly wish we could have a sensible conversation about how we move around especially in cities.
Cars are great. They give the population huge liberty to move around the country, the countryside & the suburbs with comfort, ease & relative safety. They empower & liberate their users. They can particularly help those with goods to deliver or physical challenges to overcome…
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Annual Planning Commission Retreat in the best location today. What a view of our beautiful city!
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I don't know why any of this is hard to understand. Good luck Moses! May you inspire many in cities all over country!
Re-upping this post, in light of the eviction moratorium under discussion in LA County: What every voter should know about housing policy: 1. Rents reflect the balance of supply of apartments and demand for those apartments in a given area. That’s it; there’s no magic. If you
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Exactly what will happen when the real estate market finally gets "unstuck", perhaps when mortgage rates approach 5.75 - 6% with duration? @LoganMohtashami
Leaving empty shells on the beach. And a bunch of hermit crabs immediately upgrade their homes. [📹 maketheswitch4nature_] https://t.co/BMFnPq2KYU
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Howard Hanna makes its Carolina debut with Allen Tate, a masterclass in brand migration. I am proud to be a part of this great company! The journey continues! 20 years and counting!
wavgroup.com
By uniting under one banner, a local powerhouse gains the scale, resources, and marketing reach of the largest family-owned real estate brokerage in America.
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Great summary of the earnings call of a large apartment REIT. Market conditions, quality of life, job market, apartment supply, local policy all play a role in rent rates. Very insightful read.
Equity Residential (major apartment REIT) recently had its Q2'25 earnings call. Lots and lots of color on the market. Highlights: 1) Urban centers -- long pulling down apartment portfolios -- are now a strength as quality of life improves and workers return in office.
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This guy is a great follow if you want to know what is actually happening in the housing market, what is likely to happen in the future and of course real data from the past to see everything in context.
Update on Purchase Application Data - Week-to-week growth: +3% - Year-over-year growth: +22% - 25 consecutive weeks of YoY growth - 12 consecutive weeks of double-digit YoY growth This data line has been quite confusing this year. I understand, so let me clarify what is happening
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This is huge! May it be passed in the NC Senate in similar numbers.
🚨The North Carolina Legislature voted unanimously (107 to 0) to ban minimum parking requirements in new developments statewide.
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Taxing new development ( and new residents) for our long overdue infrastructure needs is ludicrous. A sales tax increase will ensure a wider tax base. "Recently, we had a project where we were asked to enhance or improve seven different intersections nearby, (and) that was not
axios.com
Developers, business leaders travel to Raleigh to support Charlotte's transportation bill
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What do you think about the #homeforsale I just listed at 9285 Swimming Drive in #Harrisburg?
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This is what we should be funding as a priority in sprawling cities like Charlotte.
The Netherlands boasts over 35,000 km of separated cycle paths, half of which were built since 1996. This success is built on design principles which are embedded in urban planning and together form a deliberate, systemic approach to infrastructure design: https://t.co/H2VlyU4DWZ
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Please watch the presentations on UNCC State of Housing and the NC Home Builders Assn. to the Planning Commission. Great overview of our housing crisis and the challenges of meeting demand with new construction.
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Is Charlotte friendly to small developers? What about the case where a small developer tried to add ONE house to an existing neighborhood? Needed a rezoning because the lot was 900sqft too small to subdivide and meet minimum lot size. Unanimously denied by city council.
Being a small developer is fun because you typically 1) care more about how something looks 2) spend as much time and $ for a 12-unit rezoning as a 240 unit 5-over-1 3) have a higher cost of capital & more skin in the game 4) get called a greedy shill ruining the city in return
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These gorgeous 10-plex small apartment buildings would fit very well in just about any historic neighborhood in Charlotte. I'm sure the exterior could be modified to echo 60's ranches in other neighborhoods where the standard lot sizes are even bigger. It is unfathomable to me
I am amazed at the progress Eric Kronberg and Kronberg U+A have made in developing repeatable stock plans for #MissingMiddleHousing. Here is an affordable 10-plex being built in #Chattanooga. The world will heal when this stuff is re-legalized everywhere.
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I think there are many sensible things in this bill. After two years on the Charlotte planning commission I see every day how incumbent interests with huge political clout work together to effectively tax new development in an attempt to correct mistakes of past patterns of
Proud of our Home Builder's Association's championing of NC HB765 - Local Gov Development Regulations Omnibus. Absolutely spot on in why this needs to pass:
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I am pretty sure this is the case in Charlotte as well? UNCC state of housing 2024 reported a calculated surplus of about 6000 units that will quickly be absorbed and a similar anemic pipeline of new projects.
The historic peak in U.S. apartment completions is now in the rearview mirror. Completions reached ~150k units in each of the last 3 quarters of 2024, but then dropped to 113k units in Q1'25. Still a lot, but down substantially. And given the massive plunge in new starts that
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Very interesting thread. The system in the US is so broken. Huge expense, worse outcomes. How can we begin to fix it?
Singapore created the world's most efficient healthcare system from scratch in one generation. They spend $4,000 per person on healthcare. We spend $15,000. Their secret? The exact opposite of what American "experts" recommend: 🧵
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Hoping that I will see the day that this kind of development is encouraged and allowed in downtown Derita.
This building? Banned in most U.S. cities. Mixed-use. 3 stories. Apartments over a café. Built right to the sidewalk. The TOP priority of city governments should be re-legalizing these buildings. It solves for: 💸 Affordability 🚶♀️ Walkability 🛍️ Local business 🤝 Community
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Pretty sure we are still requiring "breaking up the box" in Charlotte. Sigh
We need to stop forcing new developments to artificially “break up the box.” It rarely looks good, leads to less resilient buildings long term, sacrifices usable square footage and is less energy efficient. 📍 Reading, MA (1900)
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