Development insights: Constructing high quality inexpensive housing doesn’t must be a problem

Rising housing prices are prime of thoughts throughout our neighborhood — the D.C. metro area has one of many highest prices of residing within the U.S., at practically 140% dearer than the nationwide common. In response to the Harvard Joint Middle for Housing Research, half of all renters within the U.S. are actually cost-burdened, that means that 22.4 million households spend greater than 30% of their earnings on hire. Of this group, 12.1 million pay greater than half their earnings in housing prices, an all-time excessive. Renters are compelled…

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