Sunday, January 2, 2022

THE HOUSING CRUNCH IS REAL

HOW WE GOT HERE, HOW WE ADDRESS IT AND THE DEMOGRAPHIC SHIFTS THAT WILL IMPACT WHAT AND WHERE WE CALL HOME

“The expensive areas — and that has increased from a few big cities a few decades ago to dozens of metros — must create more housing and different prices. 

We must convert underused commercial to residential. 

We must allow more dense housing. 

We need special programs to support affordable housing,” Ken Rosen, chairman of real estate market research firm Rosen Consulting, said.

The NAR report that Rosen led bluntly states:

“Large-scale investment in infrastructure for the 21st century provides a once-in-a-generation opportunity to avoid the mistakes of the past and instead build infrastructure and housing together in a way that plans for inclusive and sustainable growth that binds communities together instead of dividing them along racial lines.”

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