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Policies designed to cover living expenses during a disaster might not cover prolonged displacement either. Hamilton also pointed out that the 2028 Summer Olympics will be held in Los Angeles, which he said is likely to further increase the pressure to rebuild quickly.
Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building. Construction of new green buildings and green renovation or retrofit projects increase the asset value of buildings by upwards of 9%. savings over five years.
This trend has doubled since 2019, with built-to-rent homes making up 10% of new construction (8% in the PNW). Both major political parties offer solutions focusing on increasing housing construction. This should ensure investors and prospective homeowners can thrive in a housing market designed to serve the broader needs of society.
Louis Sullivan, the so-called father of high-rise constructiondesign, once said: “The skyscraper establishes the block, the block creates the street, and the street offers itself as a riverbed to the stream of life that flows through the city.” (The rate is likely higher in Seattle but stats were elusive.)
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