October 9, 2014 US Housing Stock Evolving Markets and Needs Agenda 1 Topic Arrival 2 Singapore Example 5 Research Questions 4 Austin Specifics 3 US Housing Trends Topic Arrival: Live Local LBJ School of Public Affairs Eat Local Food Movement
Paying high rents at cookie cutter apartments
Trip to Singapore HDB LBJ School of Public Affairs HDBs Public Housing Concepts All Income Levels Purchased and Rented 99-Year Lease
Over 80% of residents housed in public housing
Sustainable and eco- friendly Green roofs, recreation, and local markets
Philosophy: housing as basic need US Housing Trends LBJ School of Public Affairs US Housing Trends LBJ School of Public Affairs US Housing Trends LBJ School of Public Affairs US Housing Trends LBJ School of Public Affairs Austin Specifics LBJ School of Public Affairs Austin Housing Gap 843,000 People 331,000 Households 45% Owners 148,000 Households 55% Renters 183,000 Households 33% Renters earn > $25000 (60,000 Households) 10% of rental units are considered affordable (19,000 units) Gap of 41,000 Units!!! Research Questions LBJ School of Public Affairs How do local communities interact with these national apartment providers?
Does the community benefit from a national apartment presence?
Are there viable alternatives to provide suitable housing for a community?
What national, state, and local policies attract national apartment managers?
Does Austins housing stock match the demands for housing?