This article was originally published on Common Edge.
America’s housing crisis is a longstanding problem. But recent reports of private hedge funds buying up detached houses and townhouses is likely to make an already difficult situation even worse. When hedge funds purchase such properties, those homes are not likely to come back on the real estate market. They are gone for now—and probably for the long term.
San Francisco is a city defined by its relationship to housing. Since the 90s it has faced an affordable housing shortage, and now, has some of the highest rents of any major US city. As planners and policy makers work to move beyond the city's past and find new paths forward, architects and designers are testing out diverse housing models. From dense residential towers to multi-unit developments, modern housing aims to strike a balance between economy and urbanity.
