Like the fleeting life of the cherry blossom, the cycle of renewal can also apply to Japanese houses. Contrary to the concept that housing is a long-term investment, houses in Japan are a short-lived consumer product that depreciates. There are several explanations for this. Firstly, Japan runs on a construction …
"We've moved from educational posture to enforcement posture"', says Toronto Mayor in response to tactics on short-term rental regulations. The new rules require any listed home on Airbnb to be a primary residence. Not only do hosts need to obtain a city license for validation, but they also must display …
Black homeowners across the United States continue to suffer due to high property taxes associated with their overvalued homes. The amount of property tax you pay is based on your home value. However, most home assessments only take into account the exterior of a home and its surrounding environment without …
With rising interest in co-housing arrangements, Ilvy Niokiktjen looked into its various forms in Belgium and the Netherlands to explore the different possibilities of this lifestyle. Her first study is a co-housing project called Overhoop. Located in a Netherlandic suburban town called Overvecht, the program accommodates both permanent and temporary …
The Real Estate Industry has seen the concept of a home sale-leaseback take off during the COVID-19 pandemic. A home sale-leaseback is when the homeowner sells their home and then rents the home back from the buyer. The buyer in this case is usually a real estate company. Many have …
Since 2000, Canada’s housing market has had a price growth of 168 percent and could even go up another 14 percent over the next year. During the pandemic, housing prices increased rapidly in small urban and rural communities, and more Canadians are struggling with housing affordability. This means they have …
Several cities around the world are rethinking their transit system in response to the ever imminent climate change. Urban areas account for two-thirds of the world's global carbon dioxide emissions. And among which, urban transportation is often the largest and fastest-growing source of cities’ emissions. Berlin, for instance, is reviving …
With investment led by notable venture groups such as Nielson Ventures and Grove Ventures, the Israeli start-up "NoTraffic" has raised $17.5 million to expand its operation. The AI-based traffic management platform says the new funding will mainly support the rapid deployment of “Series A” research in AI technology and its …
Energy storage continues to be a major emerging market as the world moves towards renewables. The company Tesla created its Tesla Energy business in 2015 and has increased energy storage deployments each year. Tesla has introduced large scale energy storage systems in South Australia, Hawaii and American Samoa which all …
For nearly two decades, the city of Oslo has been committed to reducing the number of roadway fatalities and improving pedestrian safety. Its effort paid off in 2019 when it achieved zero traffic fatality in the city. But its success does not come easy. It was only until the number …