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? https://youtu.be/Lbtlem_D2Gg
Part 2 : PwC/ULI Emerging Trends in Real Estate: Labor Scarcity Impact on Construction Costs https://youtu.be/1gx5J8u7wtg
Part 4: PwC/ULI Emerging Trends in Real Estate: Top Ten Markets to Watch https://youtu.be/lk3qbFQbRmU
Part 5: PwC/ULI Emerging Trends in Real Estate: Best Bets for 2017 https://youtu.be/dX4HS5LMLbQ