Three principal actors are tackling the housing affordability crisis in the United States- government entities, nonprofits and investors. The issues arising from housing instability and affordability are complex, and a patchwork approach is necessary to make a dent in the problem. With that being said, investors should be aware of their crucial role in alleviating or even … [Read more...] about Private capital. The solution to housing affordability.
Development
Trends in multigenerational living.
How the trend toward multigenerational living will change real estate development The concept of the single-generation, single-family home is in decline. Over the past four decades or so, the total percentage of Americans living with family members has increased from 12% in 1980, to 20% in 2019. Experts have not reached a consensus as to why this is happening, but it seems … [Read more...] about Trends in multigenerational living.
The democratization of finance.
Throughout history finance has been the province of emperors and kings. Later it included the merchant classes and the new aristocracy born of the Industrial Revolution. Your average Joe only really got involved in investing during the stock craze of the 1920s. Even today the average investor holds assets in a small subset of classes - primarily stocks, mutual funds, and bonds. … [Read more...] about The democratization of finance.
Is revitalization a dirty word?
Revitalization, gentrification, and displacement are now a mainstay in the heated national conversation about housing. For many years urban renewal and revival were sold as cure-alls for improving economically vulnerable neighborhoods in big cities from New York to Oakland. Unfortunately, the effort to bring new life to these areas was more successful than anyone predicted. In … [Read more...] about Is revitalization a dirty word?
Lead by example.
Jonathan Tate leads by example. I met Jonathan through my crowdfunding platform Small Change, where he raised funds for several of his project in New Orleans. With his New Orleans architectural practice, Jonathan focuses on architecture, planning and odd opportunities such as what to do with odd-shaped lots that no-one knows what to do with. I find that immensely appealing … [Read more...] about Lead by example.