Call Us: (800) 419-4923
 Call Us: +44 (0)20 3865 7701
 Call Us: (787) 822-8377
 Call Us: (437) 855-4925
Partner Engineering and Science, Inc.
You are here: Home » Resources » Articles » Out with the Old, In With the New

September 25, 2014

Out with the Old, In With the New

By Partner ESI

TRENDS IN THE HOUSING MARKET ARE ON THE UPSWING

Trends in the housing market are on the upswing, and the stock market has shown remarkable earnings in the past year, all positive signs for a recovering economy. However, historical statistics show that one in three Americans pay more than 30% of their income in rent, all while wages remain stagnant or decrease, and cost of living continues to rise. Yet for every 1.5 new housing units built, 1 is demolished and the U.S. Department of Housing and Urban Development (HUD) estimates that 10,000 public housing units a year are lost due to aging, while the need for affordable housing for low-income renters continues to increase. So while new construction is rebounding, and inventory is increasing for high-end units, the inventory is decreasing for affordable rental units, leaving far fewer options for lower-income wage earners.

Continue reading the GlobeSt blog here.

About the Authors

Partner ESI

Partner ESI

Founded in 2007, Partner Engineering and Science Inc., is the leading provider of engineering, environmental, energy, and construction consulting for the commercial real estate (CRE) industry. Touching 1 in 5 CRE transactions in the U.S., Partner is widely recognized as the largest and best provider of third-party physical due diligence reports, including Phase I Environmental Site Assessments, Property Condition Assessments, Seismic Risk Assessments, Zoning Reports, ALTA Land Title Surveys, and Construction Risk Management. Partner’s connectedness to the CRE market gives it an unparalleled view into CRE trends and risk management insights. Partner also provides a full suite of consulting services to support the entire real estate lifecycle, including: Geotechnical Consulting; Building Systems Consulting; Capital Management and Project Implementation Support; Environmental Health & Safety Consulting; Energy, Sustainability & Resilience Consulting; and Site Civil Engineering. With a responsive approach scaled for speed and agility, Partner helps clients manage risk, make smart investments, optimize asset performance, and win at their real estate investment strategies. Based in Torrance, Calif., Partner has over 1,400 employees in 40 offices around the globe.

Other Resources You Might Like


Let us be your Partner

Learn how we can support your next project or share insights via our newsletter.
Terms and Conditions  |  Privacy Policy   |  Website Terms of Use  |  © 2026 Partner ESI. All rights reserved.
crossmenuarrow-up linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram