The Real Signal #143 - Housing Need Most Acute In Middle Income Demographic
Plus: Wage Growth Continues To Outpace Rent Growth And News Of AI Tech Layoffs Premature
Housing Need Most Acute In Middle Income Demographic
Scott Choppin Note:
First, what’s the total housing shortfall? We know there’s a shortfall, not in every market, but many including where we work in California.
Where is the shortfall most extreme? Highest in the middle income space, due to the difficulty to pencil deals in…
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