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Lack of pet-friendly homes to buy or rent - The Experts

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Lack of pet-friendly homes to buy or rent By John McGrath The shift towards apartment living coupled with one of the highest pet ownership rates in the world has created a problem in the Australian property market – a lack of pet-friendly homes to buy or rent.  It is standard practice in most strata schemes for body corporates to disallow pets among owners and tenants. This wasn’t a big problem in the past when affordability was less of a strain and pet owners in major cities could afford to buy or rent a house. But today, with more of us living in apartments due to affordability or circumstance (such as living alone or as couples without kids – both growing trends), apartment living is on the rise and things are getting difficult for pet owners. Last year, industry body released a comprehensive report on pet ownership in Australia. It described the rise of higher-density living in major urban areas as “the biggest current threat to pet ownership in Australia – p...

Modern Apartment of a Football Player Celebrates the Beauty of Brick Walls

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For nearly a century brick was shunned in favor of more polished and curated finishes. Even in early 19th century brick walls were considered ‘cheap and ungainly’ with layers of plaster taking over most homes across the world. But the recent revival of industrial design and the newfound love for brick has seen homeowners and architects scurrying around in an attempt to find those hidden, original brick walls . The story of the Brick Apartment nestled in an old building of Maribor , Slovenia is no different as its new owner along with Arhitektura AB objekt d.o.o. brought out the concealed charm of its original brick walls . Modern brick wall apartment restored to its original brilliance Modern Apartment of a Football Player Celebrates the Beauty of Brick Walls" width="1800" height="1194" class="size-full wp-image-188567" /> Modern brick wall apartment restored to its original brilliance exposed brick walls of the restored apartment steal t...

Waters Edge Apartments latest addition in Penfield

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CLOSE Perched on the south end of Irondequoit Bay, Waters Edge at Southpoint Cove, 1100 Anchor Line Dr . off Empire Boulevard, is in Penfield. (June 29, 2016) Video by Mary Chao. Video by Mary Chao. Buy Photo Waters Edge at Southpoint Cove is in Penfield off Empire Boulevard. (Photo: TINA MACINTYRE-YEE/@tyee23/staff photographer) Buy Photo The developer of the region's latest waterfront housing development is altering its plans. Instead of a combination of apartments and condominium units for sale, Waters Edge at Southpoint Cove at 1100 Anchor Line Dr . off Empire Boulevard in Penfield will be built only as apartments, said David Spoleta, who works for Morgan Community. Buy Photo   (Photo: TINA MACINTYRE-YEE /@tyee23/staff photographer) Apartment rentals has exceeded expectations, with 137 of the 157 units already leased since they became available last summer, said Spoleta, manager at Waters Edge. A decision was made to change plans for the building of 26 condominium units into ...

Why Seattle Builds Apartments, but Vancouver, BC, Builds Condos

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When it comes to condominium development , Cascadia’s two largest cities couldn ’t be more different. Last year nearly 60 percent of new housing starts in the city of Vancouver, BC , were condominiums; meanwhile, Seattle saw no new condominium buildings open . And that’s not changing anytime soon: less than 10 percent of all building slated for downtown Seattle in the next three years will be condos. What’s the difference—why the blossoming of condominium construction in one city and the almost complete dearth in the other? The short answer is economics. In Vancouver, apartments are saddled with an unfavorable tax code , making condos the more lucrative multi- family housing investment even despite high rental demand . In Seattle’s skyrocketing rental market , one that’s climbed even faster than the condo market in recent years, apartment buildings are much more financially attractive, while condos come with bigger risks and, typically, lower returns. Compounding this profit differe...