Chuck Schierbeck II, MAI, MICP’s Post

It feels like groundhog day when I read the news about new developments. Every day there is a story about how urgently we need more housing and that is typically followed by another article about a community that is opposed to a new development. The story is always the same. The proposed Project is too big and doesn't conform. I admit that I would not appreciate a 70' tall building in my backyard but unless communities make land available for multi-family projects, then 40b will remain the only solution. With the current cost of housing, we can't only build single family homes. Communities have to start finding solutions or continue to face 40b project and now also the new MBTA communities law. https://lnkd.in/e8MZxpAT

Cities in California are losing jurisdictions for their housing plans revoked. As California addresses the housing crisis, they are encouraging most cities to rezone areas to allow for more density building to address the state housing crisis. What does this mean? More opportunities for developers to buy land and rezone/build multiple houses on lots, townhomes, condos, apartments, etc. PM to discuss opportunities for development where you live in what is becoming a wave of opportunity for investors in real estate https://lnkd.in/gTRbUWBB

Housing is too expensive. Many don’t like to hear it but it’s really this simple “build baby, build.” Excess housing supply (of all types of housing) will reduce prices - simple supply and demand economics. We did it in the 90’s. The difficult part is the execution; agreeing how and where to reduce regulations and provide incentives. “The rent is too damn high, and we don’t have enough damn housing,” said Michigan Gov. Gretchen Whitmer (D). “Our response will be simple: Build, baby, build!” Maryland Gov. Wes Moore (D) promised. “We must protect our farmland and wild habitats, but we need to make sure we are also incentivizing housing in places where we should build.” #housing #affordability

"One of the most compelling reasons to consider manufactured housing is its affordability. These homes provide an opportunity to own your own space without the burdensome costs associated with traditional homeownership. Lower upfront costs, energy-efficient designs, and reduced property taxes make these communities financially accessible. It's a practical and smart choice that allows you to allocate your budget for the things that matter most to you." 🏡 (Get the scoop on the hottest news and trends in Manufactured Housing – subscribe to my daily newsletter! Receive daily doses of fresh and insightful content delivered directly to your inbox.) 👇 https://lnkd.in/e9upNtU4 #mobilehomepark #manufacturedhousing #technology #news #manufacturedhousingcommunities #realestate #investment #homebuyer #mobilehomeinvesting #buildcommunity #helpcommunity #investor #realestateinvestors #sustainability #affordability #housingmarketupdates #communityliving #housing #TheRealEstateSolutionist

California's ADU Boom: A Model for the Housing Crisis? Excited to share an article from Fast Company coauthored by our own Ross Maguire and Gene Eidelman! California just took a major step forward in addressing its housing crisis with the passage of SB 1211. This groundbreaking bill unlocks the potential of Accessory Dwelling Units (ADUs) for multifamily properties, allowing for up to 8 detached units per site. What does this mean? More affordable housing options, better use of underutilized space, and a blueprint for other states and countries to follow. Benefits of SB 1211: Increased housing density: Creates more housing options without sacrificing neighborhood character. Boosted affordability: Offers a path to more accessible housing for residents. Economic growth: Provides property owners with new revenue streams. Efficient land use: Utilizes existing land and resources wisely. Sustainable development: Promotes balanced growth. California's ADU model can serve as a valuable blueprint for tackling housing shortages globally. By embracing similar policies, other regions can create more inclusive, affordable, and beautiful living spaces for all. #CaliforniaHousing #ADUs #HousingCrisis #SustainableDevelopment #UrbanPlanning

As a result of the housing shortage, innovative public/private partnerships are emerging in unexpected places. As part of a Utah bill that recently passed, the state treasurer would invest in low-interest loans that developers would use to build homes at affordable prices, ideally around $350,000. . . #realestatedevelopment #housing #realestate #cities

There is a lot to be said for doing your research and keeping up as much as possible with a municipality you concentrate on. Know everything that's going on, ideally before it happens, whether you are a developer, investor, or broker. Before you think that a new affordable housing program in a land trust is "nice" for Gainesville FLA, and that's not where you work, think again. Does a municipality in your area(s) of concentration offer this? If so, look in to how you could directly benefit. If not, you could either look into why not, or what you could do to be part of starting one. This Gainesville success story was two years in the making, but anyone thinking "I should look into this" is now already two years behind! You can do the research yourself, or my team and I can either do the custom research on your behalf, or train you on what and how to do it. No telling what you could be benefiting from in a couple of years! https://lnkd.in/gXdVNVHY #AffordableHousing #housing #HousingStarts #MarketResearch #training #LandTrust #RealEstate #CollegeTown #Gainesville #Florida #gators #Ocala #firstin

🏗️As a realtor and registered new home builder, I often hear frustration directed at our industry for rising housing costs. 🏠 Municipal decisions like Amherstburg’s 54% increase in development charges play a significant role in shaping the affordability of new homes.💸 These fees, which I understand fund infrastructure such as roads, water pipes, and parks, add substantial costs for developers. If builders are expected to include that fee into the cost of business, it would be naive to think it will no be passed along to buyers and thus affecting the affordability of homes. 💰 I predict a ripple affect that will impact everyone in the housing ecosystem. ⭐My priority is to help clients navigate these complexities and find the best possible solutions for their housing needs. ✔️While I don’t make policy, I believe in fostering open conversations between municipalities, developers, and residents to ensure sustainable growth that benefits all stakeholders.

Affordability in workforce, senior, and entry-level housing is a pressing concern. That deserves a collaborative effort to address. However, state preemption of local zoning regulations is not the solution. The proposed Missing Middle Housing legislation in the Minnesota Legislature, while aiming for affordability, risks sidelining local perspectives and solutions. Could this bill inadvertently raise housing costs? Property investors might exploit it to expand their rental portfolios, potentially pricing out first time home buyers. Could this create generations of life-long renters? How can we encourage builders to construct these housing products in areas that are already zoned for the proper density? #HousingDebate #LocalSolutions #MinnesotaHousing #mnlegislature https://lnkd.in/gpDm7dxe

DMV’s housing gap: Key players say there’s more to resolving the region’s residential crisis than policymaking https://ift.tt/CUR4ehJ Despite Maryland’s recent efforts to boost affordable housing and the residential construction projects dotting the region, there is a critically short supply of homes in the DMV — a problem experts say will take widespread collaboration to solve. The Metropolitan Washington Council of Governments projected that the region needs to add at least 320,000 housing units between 2020 and 2030, 75,000 more than expected. Yet, many areas are falling short of that target. In Montgomery County, Maryland,… via Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com https://ift.tt/JEsn0BG September 01, 2024 at 03:00AM