PwC/ULI Emerging Trends in Real Estate: Housing Affordability and Connectivity

published 2 years ago by Commercial Real Estate Show

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 adistinction between “big-A” and “small-A” affordability. Big-Aaffordability refers to housing for low-income households andlooks at familiar subsidy programs such as Section 8, the low incomehousing tax credit, and a panoply of state and localprograms seeking to address 12 million households payingmore 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 fourthquintile nationally, averaging between $31,000 and $87,000 inyearly income—are “housing stressed,” spending more than athird of their income on housing costs.  Part 1: PwC/ULI Emerging Trends in Real Estate: Where Are We in the Cycle? Part 2 : PwC/ULI Emerging Trends in Real Estate: Labor Scarcity Impact on Construction Costs Part 4: PwC/ULI Emerging Trends in Real Estate: Top Ten Markets to Watch Part 5: PwC/ULI Emerging Trends in Real Estate: Best Bets for 2017 Download report:

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