Workforce housing is residence built for serving families who form the middle-income group. Maxwell Drever observes these individuals who neither fit the luxury section nor the poor part of society get pressed between them. You have professionals coming from different walks of life and forming the backbone of the economy. The workforce population forms the …
The affordable housing sector is a challenging area in the real estate market. Maxwell Drever shares a factor that contributes to the hurdle is the housing market. While conventional renters pay attention to the monetary situation, credit score, and other significant characteristics, most housing renters do not maintain similar standards. The low-income families who form …
Maxwell Drever explains the challenge of investing in workforce housing Read More »
Maxwell Drever says buying a home is a dream for most individuals. Buying a property takes a lot of investment and time. It is where you spend quality time with your friends and family members. It is not only a financial investment but also security for the long term. Now purchasing property in the city …
How did Maxwell Drever help to realize the dream of affordable workforce housing? Read More »
Maxwell Drever explains the covid-19 pandemic has led to a severe crisis in terms of workforce housing. Many people could not pay the rent due to a lack of jobs. However, even before the pandemic, many places across the states feast an affordability crisis. Some organizations provide rental assistance to a few individuals, but most …
More and more people are feeling encouraged to look into multifamily housing. Some reports indicate that many real estate investors are willing to invest in apartments says Maxwell Drever. While most earlier focused on Class A properties, the attention is gradually turning to solve the ‘missing middle’ housing problem by providing them with affordable workforce …
Today, the workforce housing sector provides shelters to several families and households who earn over 60% of the AMI (area median income) says Maxwell Drever. It can move up to almost 120% to 150% based on the territory in which you reside. You should know that each country has its own rules which decide the …
People like Maxwell Drever brought the focus on the affordable workforce housing sector Read More »
The abrupt and dangerous pandemic outbreak has made international and national organizations devise ways to bring down the virus spread says Maxwell Drever. Many factors affected the global economy. People witnessed subsequent lockdowns, social distancing, and travel limitations as well. Also, the travel and hospitality segment got negatively affected. Owing to the pandemic, the hotels …
A house is more than a building! It’s a home that protects, shelters, and also nurtures the occupants explains Maxwell Drever. It also secures professional and personal development and provides a secure harbor. Additionally, low-cost housing is also not a lavish zone. It’s a necessity. For several years, the middle class squeezed as the poor …
Maxwell Drever shares the relevance of the affordable workforce housing segment Read More »
The affordable housing crisis in the United States is a known phenomenon. As long as the house costs increase and the wage rate stays the same, there will be a lodging problem says Maxwell Drever. Today, the workforce population fails to secure a decent house for themselves and their family in the urban areas, which …
Maxwell Drever highlights the way to deliver an affordable housing project Read More »
In major metropolitan areas, the housing affordability crisis has become more severe by the day. Cities are filling up with vacant or near vacant buildings. There are empty buildings on every corner in big cities and small ones. Converting those dilapidated and shuttered buildings into housing for those who need it most seems more appealing. …