On The Market

208: New Policies Take Aim At Boosting Affordable Housing, Investors Could Benefit w/Dennis Shea

Apr 15, 2024

Dennis Shea discusses the affordable housing crisis, reasons behind rising housing costs, impact on the economy, potential solutions for investors. Topics include shortage of affordable housing units, root of the housing crisis, investors' role, and ways to help low-income households.

36:03

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Quick takeaways

Affordable housing crisis impacts Americans' financial well-being, new policies aim to alleviate housing costs.

Investors can play a role in addressing affordable housing shortage while earning profits through targeted investments.

Deep dives

Importance of Affordable Housing Policy

Affordable housing remains a pressing issue in the US, affecting both investors and potential home buyers. The podcast delves into the policy level initiatives addressing affordable housing with insights from Dennis Siché, director of the J. Ronald Turwiger Center for Housing Policy at the Bipartisan Policy Center. The focus is on understanding the roots of the housing crisis, the evolving public policies, and the essential role of investors in the affordable housing landscape.

Introduction

2min

Housing Policy Initiatives and Challenges

7min

Addressing Housing Supply Issues and Real Estate Market Challenges

3min

Addressing the Accelerating Housing Crisis

11min

Navigating Affordable Housing Development Challenges

5min

Bridging the Affordable Housing Gap

8min

Importance of Affordable Housing and Mutual Benefits for Investors

3min

America is in an affordable housing crisis. With home prices rising dramatically over the past four years and rents following right along, tens of millions of Americans are spending a significant chunk of their income just to put a roof over their heads. This means less money in Americans’ pockets for education, nutritious foods, investments, or an emergency fund. But, new government policies could help lessen the budgeting blow Americans are feeling from unaffordable housing costs, and investors may be able to help while turning a profit.

Dennis Shea, Executive Director of the J. Ronald Terwilliger Center for Housing Policy at the Bipartisan Policy Center, has been fighting for affordable housing long before the recent ramp-up in housing costs. Today, we ask Dennis what caused our unaffordable housing market, why it got even worse after the pandemic, the impacts high home prices have on the economy, and the potential solutions every investor should know about.

We even ask the uncomfortable question: Are investors to blame for the state of housing prices? But worry not—Dennis shares numerous ways investors can actually help low-income households and their communities while turning a profit with affordable housing development. If you’re looking to invest while building an even better housing market, this is the episode for you!

In This Episode We Cover:

Why America is experiencing such a shortage of affordable housing units in 2024

The “root of the housing crisis” that MUST be solved for our housing market to stabilize

Why housing became even more unaffordable after the pandemic

One potential solution that could be a massive win-win for real estate investors and tenants

The affordable housing tax credit that could see a fifty-percent boost is passed

What investors can do to help build affordable housing WHILE turning a profit

And So Much More!

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