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Detroit's tiny homes offer big chance for struggling residents

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Cass Community Social Services built 25 houses for less than $45,000 each by drawing on the help of construction and design professionals and volunteers from the community. Low-income earners were then invited to apply to become rent-to-own tenants of the central Detroit homes . tiny homes offer big chance for struggling residents" /> Copyright 2017 CNN Cass Community Social Services built 25 houses for less than $45,000 each by drawing on the help of construction and design professionals and volunteers from the community. Low-income earners were then invited to apply to become rent-to-own tenants of the central Detroit homes . Related Content DETROIT (CNNMoney) - This is Detroit, not Hobbiton. Just like the tiny homes of the hobbits in the "Lord of The Rings" series, the Cass Community Center Tiny Homes Project looks cute. But its small buildings house big hopes . Four years ago, Detroit became the biggest American city in history to file for bankruptcy, brough...

Freedom on four wheels: Van life on the rise in Boulder County

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'Your home is wherever you stop and that's what's really, really cool about that whole idea' Rain patters on the roof of John Salhany's 2006 Mercedes Sprinter van as he points out the half-finished ceiling of tongue-and- groove pine paneling that will eventually continue down the walls over layers of plywood and reflective insulation. Items strewn in the hollowed back include a dusty climbing rope , a road bike and a six-pack of Upslope Brewing Company 's Citra Pale Ale . All his essentials will soon have their places once the van build-out is complete, when Salhany will have a bed big enough to accommodate all 6 feet, 2 inches of him, a countertop with a sink and drawers, and maybe even a backsplash with the cutout of the mountains — amenities like that of a house. "I have a lot of friends who are buying houses right now who are just getting to that age, all on the East Coast and I'm just like, how do you guys know where you want to live?" said...

US home construction slumped in July

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Josh Boak, Ap Economics Writer Updated 1:37 pm, Wednesday, August 16, 2017 Commerce Department reports on U.S. home construction in July. Photo: Keith Srakocic, AP / Copyright 2017 The Associated Press. All rights reserved." class="landscape" /> Commerce Department reports on U.S. home construction in July." src="src" /> Photo: Keith Srakocic, AP Image 1 of / 1 Caption Close Image 1 of 1 In this Wednesday, March 1, 2017, photo, a forklift is parked in front of one of the houses under construction in a housing plan in Zelienople, Pa. On Wednesday, Aug. 16, 2017, the Commerce Department reports on U.S. home construction in July. less In this Wednesday, March 1, 2017, photo, a forklift is parked in front of one of the houses under construction in a housing plan in Zelienople, Pa. On Wednesday, Aug. 16, 2017, the Commerce Department reports ... more Photo: Keith Srakocic, AP US home construction slumped in July Back to Gallery WASHINGTON (A...

The last frontier of homeownership?

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There comes a time for most San Diego couples when they get sick of renting and, for the Whites, it came around the 40th birthday mark . Shawna White, 40, spent countless hours researching a place she and her husband Nathan, 39, could afford that wouldn’t break the bank. In addition to getting away from the region’s explosive rent hikes , they saw a home as an investment. Eventually, the Navy couple landed in Otay Ranch on the eastern fringes of the county near the border with Mexico. They bought a new 1,504-square-foot townhouse for $378,000, around $200,000 less than what something similar would have cost them closer to downtown. “We were able to buy something new instead of an older home with issues,” she said. “This was a good buy.” More and more new homeowners are being drawn to Otay Ranch, the largest residential development in San Diego County history at 25,000 acres. After being hit hard in the housing crisis , it has reemerged as a viable option for homeownership in a cou...

In the ’90s, We Had ‘Friends.’ Now They Call It Co-Living.

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More prosaically, co-living can simply mean roommates and common rooms, like a dorm. For some developers, it’s a form of adaptive reuse: many co-living sites, like WeLive at 110 Wall Street , are leased, in this case from the landlord of what once was an office building, drained of its tenants by Hurricane Sandy. Slide Show Adventures in Co-Living Credit Photographs by Andrew White for The New York Times There are still co-living evangelists, like Brad Hargreaves of Common, who has promised that “the genuine and organic relationships our members build with each other,” as he wrote in a post for Medium, would not be tainted by allowing journalists to sleep over at Common properties (though they were welcome to tour). With over $23 million in financing, Common now operates in five cities, including out of eight houses in New York City. Some co-living ventures have collapsed under the weight of their ideals, like the utopian Pure House , started by Ryan Fix, now 42, in his Williamsburg l...

We love New York business. Here are 25 reasons why

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1. If you can make it here… New York has long been the ultimate testing ground for businesses. But the city’s population density also makes it an important laboratory for startups, especially in today’s on-demand economy. Food- delivery pioneer Seamless survived the dot-com crash, paving the way for the arrival of meal-kit services such as Blue Apron and Plated a decade later. Related View this story in its original print layout Density has also been instrumental to the growth of ride-hailing and car-sharing companies. Most of them, including Uber and Lyft first gained their footing in smaller cities, then made New York their biggest market. Via, the on-demand ride-pooling service, launched here in 2013, is the exception: Its founders chose New York, figuring riders packed together on subways and buses wouldn’t need much persuading to share a car with strangers, especially when it cost just $5. article continues below advertisement App- based transportation startups have flocked t...