Andy Warren and Mitch Roschelle join Host Michael Bull in Studio One to discuss PwC and ULI's most recent Emerging Trends in Real Estate publication.
Part 3 of 5:
Nowadays, the affordable housing conversation makes a
distinction between “big-A” and “small-A” affordability. Big-A
affordability refers to housing for low-income households and
looks at familiar subsidy programs such as Section 8, the low income
housing tax credit, and a panoply of state and local
programs seeking to address 12 million households paying
more than 50 percent of their income for housing.
Small-A affordability concerns recognize that, in many markets,
middle-income households—those in the second to fourth
quintile nationally, averaging between $31,000 and $87,000 in
yearly income—are “housing stressed,” spending more than a
third of their income on housing costs.
Part 1: PwC/ULI Emerging Trends in Real Estate: Where Are We in the
Cycle? 2 :
PwC/ULI Emerging Trends in Real Estate: Labor Scarcity Impact on Construction Costs 4: PwC/ULI Emerging Trends in Real Estate: Top Ten Markets to Watch 5: PwC/ULI Emerging Trends in Real Estate: Best Bets for 2017
No comments:
Post a Comment