One-third of American families can afford a starter home in just 10 of the 100 largest U.S. cities, a sharp decline from just five years ago according to CBS News. "There is no doubt this is a crisis." Chris Vincent, vice president of government relations and advocacy for Habitat for Humanity, highlighted challenges and areas of focus for #HabitatVoicesInAction in this feature. https://lnkd.in/epDu5F6T
As more first-time homebuyers are priced out, what can revive the American starter home?
cbsnews.com
ScorpionGifts.com
2 个月
A stark reminder of the housing crisis we're facing. Kudos to Habitat for Humanity and Chris Vincent for advocating on this critical issue. #HabitatVoicesInAction
Director of Development, St. Vincent de Paul-LI
2 个月Stop building rental units and start building condos and townhouses (similar too an over-55 community) specifically dedicated to 1st time buyers. They can gain equity towards home-ownership and will leave a property for the next round of 1st time buyers. The alternative is manifesting today as all our children leave Long Island to find affordable housing in other markets.