Is There a Housing Crisis

Data

1. Median house cost - $128k Mayville mo. [1].
2. South midwest and south east, at $250k around for median price. [2]
3. Detroit is like 1/3 the average housing cost! [3]
4. Cost of low rent afforded by the poorest people makes apartment operating cost unsustainable? [4]
5. Tax credits apply to those whose income is 60% of median [https://apps.urban.org/features/cost-of-affordable-housing/

Issues

1. 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.
2. Inclusionary (affordable) zoning - actually increases housing costs? [6]
3. Essential conflict of interest between big builder profits and affordability? [7]

Solutions

1. Habitat does CEO Builds - [8]. May not scale well without Extreme Manufacturing principles

Revenue Models

1. Apartment complex economics. $700/mo. One year at $8.4k. Works with free land and utilities using Radical Waste Treatment.