Is There a Housing Crisis: Difference between revisions
Jump to navigation
Jump to search
(→Issues) |
(→Data) |
||
| Line 3: | Line 3: | ||
#South midwest and south east, at $250k around for median price. [https://www.rockethomes.com/blog/housing-market/the-7-most-affordable-big-cities-in-the-us-and-what-they-really-cost] | #South midwest and south east, at $250k around for median price. [https://www.rockethomes.com/blog/housing-market/the-7-most-affordable-big-cities-in-the-us-and-what-they-really-cost] | ||
#Detroit is like 1/3 the average housing cost! [https://www.forbes.com/advisor/mortgages/affordable-cities-for-college-graduates/] | #Detroit is like 1/3 the average housing cost! [https://www.forbes.com/advisor/mortgages/affordable-cities-for-college-graduates/] | ||
#Cost of low rent afforded by the poorest people makes apartment operating cost unsustainable? [https://apps.urban.org/features/cost-of-affordable-housing/] | |||
=Issues= | =Issues= | ||
Revision as of 00:51, 25 October 2021
Data
- Median house cost - $128k Mayville mo. [1].
- South midwest and south east, at $250k around for median price. [2]
- Detroit is like 1/3 the average housing cost! [3]
- Cost of low rent afforded by the poorest people makes apartment operating cost unsustainable? [4]
Issues
- KC situation. Affordable is rent only of $700. [5]. If SEH costs $100k, can we do rehnt at $700/month? Link to a guy building affordable homes, 5 per year.
- Inclusionary (affordable) zoning - actually increases housing costs? [6]
- Essential conflict of interest between big builder profits and affordability? [7]
Solutions
- Habitat does CEO Builds - [8]. May not scale well without Extreme Manufacturing principles
Revenue Models
- Apartment complex economics. $700/mo. One year at $8.4k. Works with free land and utilities using Radical Waste Treatment.