Even though new multifamily construction is helping meet the demand for rental properties across the United States, more work needs to be done to help disadvantaged households find affordable housing, says a recent blog post from the Harvard Joint Center for Housing Studies.
Using data from the U.S. Census Bureau and the American Community Survey, the Harvard researcher states that the difference between “affordable rent levels” and “median asking rents” was greatest in the Northeast and West, while Midwest and South were the lowest. In the Midwest, the “median asking rent” for newly constructed multifamily rental units was $1,120, while the “affordable rent level” was $730. (Affordable housing is defined as no more than 30 percent of gross household income.)
More than 3,000 people participated in the Call for Action over the past month. Each person had the opportunity to send an email to his or her state senator or representative, making the total number of emails sent soaring over 6,000.
IAR has crunched the data, and this map shows the impressive response that came from all corners of the state.
REALTORS® would be especially hard hit by a proposed 10 percent sales tax on advertising and related services. After all, REALTORS® invest heavily in print and electronic advertising to help market properties for their clients.
The ripple effects of this policy would be huge, as you can see from this video prepared by a coalition of groups that are fighting this proposal.
It’s not too late. Make your voice heard. Follow this link to participate in the fight to stop this business-unfriendly policy.
Nearly 100 Illinois REALTORS® were taking part in a full day of training on Tuesday, July 21, 2015, to help generate political involvement at the local association level.
Former IAR president and NAR Broker Involvement Council Chair Michael Oldenettel chats with Arlene Davis, NAR REALTOR® Party Member Involvement Committee chair, during a session held in Springfield on political advocacy.
The REALTOR® Political Involvement Committee Strategic Planning Session at IAR’s Springfield headquarters was led by chair Ed Neaves, and included presentations from a several of those working to make sure private property rights issues are at the forefront.
Joining Neaves were Arlene Davis, from Vidalia, Ga., who gave a presentation as part of her role on the NAR REALTOR® Party Member Involvement Committee, and Chip Ahlswede, who is a REALTOR® Party consultant.
The session brought together about 100 people from throughout Illinois, and was to end with local associations crafting a political involvement plan to reach more members.
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