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While immigrants add to housing demand, they also play a crucial role in expanding housing supply due to their significant presence in the construction industry. In 2023, immigrants made up 34% of workers in construction trades, a notable figure compared to their 18% share of the overall workforce. appeared first on Appraisal Buzz.
By 2040, the number of households headed by individuals aged 80 and over is expected to double, making it imperative that the U.S. The post Housing Hurdles for Older Homeowners appeared first on Appraisal Buzz. Only 36.5% of eligible households received government housing aid in 2021, while 11.2 address the issue of aging in place.
The study found that whether in California, Texas, Florida, or New York, residents favor policies that would enable the construction of more housing. Minneapolis was once among the cities whose zoning policies prevented sufficient housing construction. Then rising housing costs prompted policymakers to rethink their zoning rules.
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