EP#51 Dennis Shea | Rate Cuts & Pro-Housing Policy
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EP#51 Dennis Shea | Rate Cuts & Pro-Housing Policy
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About this listen
Rental housing economist Jay Parsons makes the case for why rate cuts make sense — and how the government's inflation measure may have masked the earlier cooldown in inflation, in addition to recent downward revisions in job growth. Additionally, Jay welcomes in the head of the Terwilliger Center for Housing Policy — named for the long-time CEO of Trammell Crow Residential — to talk pro-housing policy. Will the White House declare a "national housing emergency" as reported, and if so, what does that mean for apartment and SFR investors and developers? How do we solve for the growing shortage in affordable housing, including properties with expiring tax credits? Should the federal government do more to dictate terms for LIHTC in ways that make the program more efficient and productive? What other housing policies can help move the needle on housing affordability and housing availability? Also in the program, Jay reviews a slew of new headlines touching on rental housing issues, including a big report highlighting how SFR helps diversify neighborhoods, a survey on the impact of immigration agents visiting construction sites, and a review of Amazon's efforts to build affordable housing in their key employment markets.