The Strong Towns Podcast
Alex Alsup: How Much of the U.S.'s Housing Stock Is Locally Owned?
Apr 15, 2024
Alex Alsup from Regrid discusses the ownership dynamics of the U.S. housing market, focusing on the percentage owned by non-local entities and the impact on communities. The podcast explores rental pricing algorithms, out-of-state ownership concentration, and the correlation between household income levels and non-local ownership. It also reflects on urban development in cities like Detroit and Memphis, highlighting efforts to retain residents in improving areas.
45:00
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Quick takeaways
- Regrid's completion of a national parcel map allows detailed property analysis at local and national levels.
- Non-local property ownership trends show correlations with income levels, impacting wealth distribution and neighborhood dynamics.
Deep dives
National Parcel Map Creation by Regrid
Regrid has successfully completed a national parcel map, encompassing parcel data for every property in the United States collected over a decade. They standardized the data into a 150-column schema to ensure uniformity across the dataset, allowing for detailed property analysis at both individual and national levels. This massive undertaking involved teams meticulously processing the parcel geometry and assessment information, enhancing the accessibility and usability of the nationwide data.
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