AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Hustle Daily Show
Why employers are building worker housing
Aug 17, 2023
Employers are building affordable housing to attract talent as housing costs rise. The podcast explores challenges faced by teachers in finding affordable housing and how school districts and companies are addressing this issue. Pella, Iowa is highlighted as an example of investing in worker housing. The podcast also mentions a potential solution for worker housing and monetizing hobbies.
12:43
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Employers are building affordable housing to attract talent and combat the rising cost of housing in order to address labor shortages.
- The construction of employer-provided housing involves various approaches like private-public partnerships and utilizing unused district land, aiming to create affordable housing options that are not solely dependent on a specific business's success.
Deep dives
Growing Demand for Employer Housing
The rising cost of housing, coupled with teacher shortages, has led to a trend of employers, including school districts, building housing complexes for their workers. In 15 major US cities, the cost of renting a one-bedroom apartment increased by 22% from 2017 to 2021, while teacher starting salaries only saw a 15% increase. To attract talent and combat the housing challenge, school districts and private companies are constructing affordable housing options for their employees. For example, a dairy farm in Wisconsin reduced their turnover rate to under 1% by providing housing for half of their workforce. This trend is expected to continue as companies look for ways to address labor shortages.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode