2020 Spring Meeting Webinar Series: Family Rental Housing: A Growing Need and Emerging Opportunity
Fifteen million American families with children at home—most of them middle class—live in rental housing and are often priced out of both for-sale housing and newly constructed rental apartments. As a result, this population is most at risk of losing existing housing as value-add investment activity continues to grow at a rapid pace. This session will do the following:
- Describe renter households with children—where they are, what they are paying, what can they afford.
- Assess the complex array of housing that serves these households today, with a focus on whether affordability is threatened by conversion of housing to other market segments.
- Document how the development community built product for this market segment until the 1980s, but then focused elsewhere over the past several decades.
Discuss a case for market-rate developers/owners/operators to serve this market segment.