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Housing is a Growing Source of Instability
Source: Bipartisan Policy Center As someone who has worked in the housing industry for more than four decades, I have never seen housing in such desperate shape. Yet, for the majority of Americans who today live in safe and affordable homes and communities, concerns about housing may seem abstract and distant. “Why should I care?”…
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U.S. Rental Housing Crisis Projected to Grow with Households Paying More than 50 Percent of Income on Rent Topping 13 Million by 2025
Source: Global Newswire COLUMBIA, Md., Sept. 21, 2015 (GLOBE NEWSWIRE) — The number of households spending more than 50 percent of their income on rent is expected to rise at least 11 percent from 11.8 million to 13.1 million by 2025, according to new research by Harvard University’s Joint Center for Housing Studies (JCHS) and…
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Denver’s $150M affordable housing plan highlights stepped-up strategy
Source: The Denver Post The urgency of Denver’s affordable housing problem has become all but impossible for Joe Vostrejs and many other employers to ignore. The downtown real estate and restaurant investor sees service employees with families struggle to afford apartments or homes on salaries of $30,000 to $40,000 a year. Read more…
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Editorial: For economy’s sake, address ‘workforce housing’ issue now
Source: Palm Beach Post By nearly every measure that counts, Palm Beach County’s economy is bouncing back quite well from the real estate-fueled downturn of the past few years. Read more…
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Companies need affordable workers, but workers need affordable rent
Source: South Florida Business Journal Without housing options it can afford, South Florida’s workforce has no room to grow. Read more…
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Average rentals top $1,200 in Broward, Palm Beach
Source: The Real Deal Average rental apartment rates increased in Broward and Palm Beach counties in the second quarter and may keep rising into next year. Read more…
