Affordability issues are local

  • Housing "affordability" is a slippery subject. If local tenants cannot afford local rents, then they have some capacity to double- and triple-up.
  • Once that limit is reached, tenants may move to lower-cost areas (but face a longer commute) or change jobs.
  • Affordability issues are local with local demand/supply fixes, and national aggregate data applies only accidentally to your home town.

Let's make 2018 your breakout year!
Join real estate's best to unlock growth at Connect SF, July 17-20, 2018

Today, Harvard’s Joint Center for Housing Studies released a report on affordable housing and rentals. I don’t mean to insult the many bright people at Harvard (… much; I went to Brown).