Effects on Underwriting

The issue of adding density as well as housing affordable in urban neighborhoods that serves a range of median incomes is reaching a crisis point. With studies showing a drop of 60% in the U.S. affordable housing stock between 2010 and 2016 we are a decision point around providing access for car storage versus people storage.^vi With consequences ranging from severe rent burdens, hazardous conditions and at its worst, homelessness, storage for vehicles that sit idle for 95% of their lives and take up occupancy of precious space that is on average 60% vacant still seem to take precedent^vii.

Urban Planning and architecture have a role to play in creating opportunities for housing in an environment where parking is not only cheap in comparison to surrounding land, but also generally overbuilt and generally available.

What are overlapping disruptions, past, present and future?

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