“I no longer have any desire to be a housing provider in California. The politicians have beaten me down with their constant attacks on landlords. Because California has failed to produce enough housing to satisfy the increases in demand from the jobs created here, my fellow small property owners and I are now Public Enemy No. 1. The statewide rent control law passed last year, which comes on top of myriad local measures to regulate us, showed just how little our work is valued in this state…. The race toward the bottom has begun. Will anyone wake up to this? ”
https://www.forbes.com/sites/rogervaldez/2020/03/09/i-quitanother-housing-provider-gives-up/#75bbbe0036c5
Category Archives: Workforce Housing
Fannie Mae Report: Workforce Housing
The Urban Land Institute defines workforce households as those households earning between 60% and 100% of Area Median Income (AMI). According to Fannie Mae, this income band accounts for about 30% of all renter households in the United States.
But half of all new construction targets those households earning more that 100% of AMI; the other half targets those earning less than 60% of AMI. Fact is, very few new units are being built to meet the needs of the workforce housing market segment – the backbone of any local economy.
Follow this link to the Fannie Mae report:
https://www.fanniemae.com/content/fact_sheet/wpworkhouse.pdf
CBRE Report: The Case for Workforce Housing
CBRE Research recently published a report entitled The Case for Workforce Housing. The report enumerates the many reasons to invest in this underserved market segment. According to CBRE “…workforce housing has very strong supply/demand fundamentals that give the sector a solid foundation to provide continued good investment returns.” 
For more information, follow this link to the report:
https://www.cbre.com/research-and-reports/The-Case-for-Workforce-Housing