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*City vs. Suburbs: Which is the Better Investment?* Investing in real estate can be a lucrative endeavor, but one of the key decisions investors face is choosing between city and suburban properties. Both options come with their unique advantages and potential drawbacks. Here's a closer look at the factors to consider when deciding which might be the better investment for you. *Advantages of City Investments* *High Demand:* Cities often have higher demand for rental properties due to the concentration of jobs, amenities, and entertainment options. Appreciation Potential: Urban properties tend to appreciate faster due to limited space and ongoing development projects. *Convenience:* Proximity to public transportation, restaurants, shops, and cultural attractions can make city living highly desirable, ensuring steady rental income. Disadvantages of City Investments *Higher Costs:* The initial purchase price, property taxes, and maintenance costs are typically higher in cities. Regulations and Restrictions: Urban areas may have stricter zoning laws and regulations that can impact property use and renovations. *Space Constraints:* Limited space can restrict property expansion and development opportunities. Advantages of Suburban Investments *Affordability:* Suburban properties generally have lower purchase prices, making them more accessible for first-time investors. *Family Appeal:* Suburbs often attract families looking for larger living spaces, good schools, and a quieter environment. *Potential for Growth:* As cities expand, suburban areas can benefit from infrastructure improvements and increasing property values. *Disadvantages of Suburban Investments* *Slower Appreciation:* Suburban properties may appreciate at a slower rate compared to urban properties. Transportation Dependence: Suburban areas might lack the convenience of public transportation, making them less attractive to non-driving renters. *Market Saturation:* Depending on the location, suburban markets can become saturated with similar properties, leading to increased competition and longer vacancy periods. Making the Decision The choice between city and suburban investments depends on your investment goals, budget, and risk tolerance. If you seek higher appreciation and are willing to navigate higher costs and regulations, city investments might be the way to go. On the other hand, if affordability, steady rental demand from families, and potential for long-term growth appeal to you, suburban properties could be a better fit. In conclusion, both city and suburban real estate investments offer unique opportunities and challenges. By carefully evaluating the market conditions, potential returns, and personal investment strategy, you can make an informed decision that aligns with your financial goals.

5 reasons why Toronto's urban development is a prime example of how not to do #Product development:   🚧 Lack of product strategy - Toronto's urban development lacks a cohesive, long-term strategy. This has resulted in fragmented projects that fail to address the city's growing needs, since time immemorial. We didn't think the almost 200,000 new immigrants in 2023 alone were going to teleport to places, did we?!   🚧 Ignoring user needs - Toronto's planners have frequently been criticized for not adequately incorporating the needs of its residents. Did we really need The Well over fixing the Gardiner West ramp congestion that way more (like in the thousands way more) residents are traumatized by daily?!   🚧 Poor cross-functional collaboration - Toronto's urban development has suffered from poor inter-departmental coordination and bureaucratic delays. This has led to missed deadlines and cost overruns. 26.2 billion dollars later the Go Train commuter rail expansion is still not done!   🚧 Misaligned priorities - Toronto's urban planning has a tendency to prioritize flashy high-cost projects over fundamental necessities like affordable housing and efficient public transit. This has led to a city that struggles to meet the basic needs of its residents. The $12.6 billion Eglinton Crosstown LRT project that's significantly over budget and delayed, still hasn't eased resident frustrations!   🚧 Reactive roadmapping - Much of Toronto's urban development has been reactive, addressing issues after they arise rather than anticipating future growth needs. This short-term focus has resulted in temporary fixes and urban sprawl rather than sustainable solutions. The 401, Gardiner and QEW traffic jams and non-stop construction continue being a nightmare - IYKYK!   #UrbanDevelopment #Toronto #ProductManagement #CommunityEngagement #WomenInTech #MuslimsInTech   〰〰〰 Follow Reham for more Product content. Don't forget to hit the 🔔 to receive my future posts.   Got burning product questions? 🔥 Drop them here: https://lnkd.in/gbe6ZAcz

🏗️ Revolutionizing Urban Skylines: NYC's Bold Move to Integrate Affordable Housing in Affluent Areas   The recent initiative by New York City to finance mixed-income housing in affluent neighborhoods recently brought to light by the The New York Times article by Mihir Zaveri, “New York City Aims to Build Affordable Housing in Wealthier Neighborhoods,” is a bold step towards resolving the ever-mounting affordable housing crisis, especially in markets like New York City, where rent is is now 148% higher than the national average. 🌆 At P&C Global, we see affordable housing as more than a social duty—it's an untapped market ripe for investment. Integrating affordable units in prime zones can spur community and market growth, presenting a sustainable investment that drives long-term value. By incentivizing the creation of mixed-income housing, the city is not only providing much-needed homes but also promoting inclusive communities that can benefit all residents, regardless of income. This move could become a template for urban centers globally, showcasing how policy innovation can bridge divides and enhance city living. 💡 The initiative also underscores housing as an innovation hub. Advances in building technologies, materials, and financing can revolutionize urban housing, making it not just better, but more accessible. 🤝 It's about collaboration—between residents, planners, and financial institutions—to ensure these developments benefit everyone. NYC's approach, blending private investment with public goals, mirrors the innovative financing models we encourage our clients to pursue. 📈  New York's housing plan underscores the impact of policy in creating market shifts. By leveraging advanced data analytics and AI capabilities to forecast trends that inform strategic decision-making, we have guided real estate giants like CBRE, JLL, and Cushman & Wakefield to adapt and capitalize on new regulations and financial incentives, fostering developments that are both socially beneficial and economically viable. 🌍 City of New York's foray into innovative housing finance is a clarion call for strategic thinkers and policymakers everywhere. It showcases the necessity to challenge outdated paradigms and embrace the complex, interconnected nature of modern urban living. The affordable housing challenge in New York City is a microcosm of the global need for innovative housing solutions. This goes beyond a mere housing strategy; it represents a pledge to reshape the urban future. What are your thoughts on NYC's latest strides towards more accessible housing? #Innovation #Strategy #RealEstate

I recently read an intriguing article in Forbes that has set my mind racing. It’s about the evolving landscape of “Edge Cities.” These urban hubs, once overshadowed, are now emerging as powerful players in the real estate game. To think of it, the Covid-19 pandemic didn’t spell the demise of cities; instead, it catalyzed the emergence of “edge cities.” These urban hubs situated on the outskirts like Northern Liberties in Philadelphia; The Woodlands in Houston, Texas; and Summerlin near Las Vegas, Nev, are set to revolutionize real estate development. But what makes it a better bet than city centers and downtowns? Here’s why I think edge cities make for a great investment for developers: Opportunities Abound: Edge cities offer untapped potential, with space to grow unlike crowded downtowns. Developers can leverage their strategic location, proximity to infrastructure, and rising suburban demand. Imagine vibrant communities that blend work, leisure, and green spaces seamlessly. The Next Big Thing: Edge cities are the future. As urban centers expand, these satellite communities become essential. Developers who recognize this trend early can position themselves as pioneers, shaping the landscape and reaping the rewards. Sustainability Matters: Edge cities provide a canvas for sustainable development. Imagine energy-efficient buildings, walkable neighborhoods, and green initiatives. Developers can champion eco-friendly designs, reducing the environmental footprint while enhancing quality of life. Cash In Wisely: Smart developers will seize the moment. Invest in edge cities now, and watch your projects flourish. Affordable land, eager buyers, and a chance to redefine urban living await. Remember, the early bird catches the prime real estate. A Greener Tomorrow: Edge cities allow us to reimagine urban planning. Parks, bike lanes, and green corridors can thrive here. Developers can champion green building practices, creating sustainable communities that harmonize with nature. What’s your take on this growing phenomena? How can you leverage the edge city boom? Let’s discuss! #edgecity #realestate #USrealestate #newpost #realestateinvestment https://lnkd.in/gUZUj5zy

NYC's zoning shakeup is a BIG deal for real estate! 🗽🏠 Here's what's changing and why you should care: 🏡 Affordable Housing Boost: NYC is serious about tackling the housing crisis. New rules make it easier to build affordable units, opening doors for more New Yorkers to find homes they can actually afford. ♿ Accessibility for All: Say goodbye to barriers! Buildings and public spaces are getting upgrades to make the city more welcoming and inclusive for everyone. 🌳 Greener & Stronger: Sustainability and resilience are top priorities. Expect to see more green spaces, energy-efficient buildings, and infrastructure designed to withstand the challenges of climate change. 🌆 Neighborhood Transformation: Mixed-use developments are the future, bringing together homes, businesses, and community spaces for a vibrant urban experience. 💰 Opportunities Abound: These changes are a game-changer for property values and development potential. Stay ahead of the curve and explore the possibilities! Curious to learn more? Follow us to stay up-to-date on emerging trends in real estate and learn how to craft the best strategies to bring in those buyers. #NYCrealestate #zoningchanges #realestatetrends #urbandevelopment #futureofNYC

Quality of life will always be at the heart of where people choose to live.

Emerging developers play a pivotal role in revitalizing downtown areas, transforming underutilized or neglected spaces into dynamic mixed-use developments and creatively repurposed properties. These projects are crucial in rejuvenating dormant downtowns, enhancing community vibrancy, and bolstering economic vitality. A prime example of such transformative work can be observed in downtown Jackson. Learn about projects that business-owners-turned-developers are spearheading in the article linked below. Are you a champion of your downtown and looking to invest in revitalizing a building? Not sure where to start? Check out MEDC's Developer Toolkit at https://lnkd.in/dmJ_2Xf5 for technical assistance resources targeted to real estate entrepreneurs with limited experience. If you've got a project in mind, contact your regional Community Development Manager: https://lnkd.in/gi6CuwSq We're here to help you #MakeItInMichigan! https://lnkd.in/g7XQG-yh

Big cities like Seattle are grappling with providing affordable housing for low-income families. Although the thriving tech sector is an asset to the Seattle economy, it can crowd out other equally important groups of potential residents. But Seattle is taking a stand, implementing innovative solutions to address this issue and attract diversity to our city. Since the pandemic transition to remote work left many office buildings vacant, the City Council is incentivizing their conversion to residential living space. Let's keep an eye on how this exciting plan develops! For more details, check out this recent Windermere article: https://lnkd.in/g5rVyBM4

This news seems to make it official: The Stitch is happening in Downtown, due to a (huge) federal grant for the first phase of work, per Councilmember Amir Farokhi. The Stitch project will cover I-75/85 with a cap for about three blocks immediately south of (and adjacent to) the Civic Center MARTA Station in Downtown Atlanta. Regardless of your feelings on this project, now is the time to hammer away at city leaders to ensure it truly has equitable outcomes including a *lot* of affordable housing. Some of the very valid concerns voiced about the project have been based on the cost of it, amid a great need for spending elsewhere on things like safe sidewalks and bike lanes. Others have worried about the long-term cost of maintenance. We've had these concerns too. And then there's the question of equitable outcomes. This part of Downtown was the site of many urban-renewal projects in the mid 20th Century (from the Civic Center to the freeway and beyond) that displaced people, and that created a place that's occupied too heavily by car infrastructure. But there are other places in Atlanta where the interstates did major damage as well, and they aren't getting a "stitch" for repair. Rebuilding it in a way that offers a sense of repair to the whole city -- and particularly to the lower-income groups who are most heavily affected by seismic shifts in urban fabric, such as freeways -- will require a heavy emphasis on affordable housing. It needs to be written into the plan in a concrete, unshakeable way that avoids the mistakes we've seen in the Beltline with missed opportunities for greatness in affordability and displacement-prevention. Now that The Stitch seems inevitable, we have to do it right.

How an Old Cookie Factory Became Toronto's Most Ambitious Community-First Development The Mr. Christie's site in Etobicoke isn't just another development. It's a $3-5 billion bet on Toronto's future. After 20 years of building this city's skyline, here's what makes this project different: The Scale is Staggering: 👉 7,500 homes across 15 towers 👉 1M+ sq ft of commercial space 👉27,000 new residents 👉 2 daycares 👉 1 recreation center 👉 1-hectare park 👉 3 public squares 👉 $3-5B investment But here's what nobody's talking about: This isn't about numbers. It's about building the things that actually make a neighborhood work: ✅ Schools that families can walk to ✅ Parks where kids actually want to play ✅ Retail that serves real community needs ✅ Public spaces that bring people together The Money Matters. At $3-5B, this isn't just Toronto's biggest development bet - it's a statement about where we think communities are heading. They're not just preserving the water tower for Instagram photos. They're investing billions to build around it - making it the heart of a community that works for everyone, not just investors. After watching Humber Bay Shores grow for two decades, I've seen it all. From those old motels where families would gather to watch CNE fireworks from the rocky shoreline, to the glass towers we see today. Community isn't built in the sales center. It's built in the spaces between buildings. That's what I hope will make Christie's different. What do you think? Can master-planned communities create real neighborhood feeling? Or does that only come with time?