Written by Lisa Assenmacher, Communications and Training Specialist
This infograph is reposted with permission.
The community economic development industry is aware of the different housing types available to residents. What people choose to invest (or not) invest in, is based on opportunities and preferences, and with many changes arising over the past several decades. Most recently, we see many choosing to rent versus own the place where they live.
Why is that? Although the answer is has many components, this infograph offers some insight and indicates that there might be a shortage as a result.
What do you see in your communities?