Why is there a shortage of affordable housing?
About AJ Rounds
RevRoad - Founder
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- Founder of RevRoad
- Podcast Host - The Midnight Founders Podcast
- Entrepreneur and Business Leader
- Real Estate Investor
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There’s a shortage of affordable housing because many times when developers get into the business, they’ll start with affordable housing but then they move on to commercial or high end residential or flex space industrial because there’s more profit. As a result, they abandon affordable housing very quickly. It’s the asset class that’s the least built just because it’s not paid attention to as much as it probably should be.
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