What’s behind the housing affordability crisis in America?
Real estate prices are off the charts, and unless you happen to be a high-net-worth individual, it’s nearly impossible to buy a home right now.
So, WTF is going on? Is there anything we can do about it?
Angela Rozmyn is the cocreator of Women’s Personal Finance, a platform that provides empowering financial education for women and nonbinary people.
She is also a passionate advocate for affordable, sustainable housing, working a day job for a company that builds LEED Platinum real estate projects.
On this episode of Queer Money, Angela joins us to discuss the myriad reasons for the housing affordability crisis in America.
Angela explains why the supply of homes has not kept up with demand, how interest rates impact housing costs, and what’s behind the NIMBY attitudes that drive real estate prices up.
Listen in to understand how it impacts a community when its service workers can’t afford to live where they work and find out what you can do to advocate for affordable housing in your city.
Topics Covered
- What makes Angela an expert in the realm of affordable housing issues
- Why it’s important to consider transportation costs as part of your housing expenses
- How it impacts our communities when service workers can’t afford to live where they work
- Who benefits from increasing home prices and who does not
- 6 reasons for the housing affordability crisis in America
- Why the supply of homes has not kept up with demand in the US
- How interest rates, permitting issues, labor costs and zoning affect real estate prices
- Why developers aren’t building starter homes anymore
- What’s behind NIMBY attitudes in the US and how they impact housing costs
- The advantages of adaptive reuse, i.e.: turning vacant commercial buildings into affordable housing
- Angela’s take on investors who bought up SFHs during the Great Recession
- Why people are migrating to high-density cities in the Sunbelt (and what to consider before you join them)
- Providing affordable housing for the growing number of single occupants
- What you can do to advocate for affordable housing in your community
For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe
Follow us:
Download your FREE Queer Money Kickstarter a 9-step Guide to Kickstart Your Journey to Financial Independence
Mentioned in this episode:
It's time to create your retirement abroad plan
What if your retirement plan included a backup plan outside the United States?
The Optimize Portugal Golden Visa Fund may give you the opportunity to invest existing IRA assets while also pursuing residency in Portugal for you and your family.
That could mean greater flexibility, access to living and potentially working in Portugal, and a pathway to spending more time throughout Europe.
Your retirement savings may be able to do more than fund your future. They could help expand where that future happens.
Click the link below to learn how the fund works and request additional information.
Get Your Portugal Golden Visa Here!
Optimize August Ad 2
With political uncertainty growing in the U.S., now is the time to build your Plan B.
The Optimize Portugal Golden Visa Fund may let you invest existing IRA assets while pursuing Portuguese residency for you and your family.
Don’t wait until you need an escape plan to create one. Click below to learn more and request information.
Get Your Portugal Golden Visa Here!
