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.
Equity
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?
Embedded in community.
Brian Murray is the CEO and Founder of Shift Capital, a Certified B-Corp impact real estate group headquartered in the Kensington neighborhood of Philadelphia, and focused on aligning capital and philanthropy with underserved communities. Brian didn’t start his career in real estate. He started his career at Pricewaterhouse-Coopers as an auditor and quickly moved into the … [Read more...] about Embedded in community.
On the periphery.
Finding value-driven real estate investments on the periphery In real estate, there is no risk without reward. The traditional view is that developing in high-end commercial and residential markets, like Manhattan in New York City or the Financial District in San Francisco, is less risky than developing in a community with less financial resources. However, this may not be … [Read more...] about On the periphery.