Housing Challenges Past and Future

House half built showing timber frameworkFrom the US another article that supports universal design in housing. To give context to the current challenges, it covers the history of housing from the Great Depression through to the current day. It poses the same arguments for (non) cost of universal design, and the imperatives for it. An interesting point is that there are now more Millennials than Boomers in the US and they will be the future drivers of the housing market. The article concludes that with declining home ownership rates, “Two solutions on the supply side are Universal Design and Accessory Dwelling Units, neither of which are currently supported by public policies. To increase wealth building and economic mobility in the short, middle, and distant future, local, regional, state, and national policy makers may want to focus on these and other innovative strategies.” Graphs help with explanations of statistics.

The article is on page 24 of the Realtor University publication, The Journal of The Center for Real Estate Studies. The article is titled, Past, Current and Future Housing Challenges in the United States. There are four other articles that might be of interest, rent growth, millennial home ownership, manufactured homes, and real estate investment. The text is not easy to read and is in two column format.