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UNC x Doorify Quarterly Roundtable Discussion: The State of Starter Homes and Housing Supply
Manage episode 466285857 series 3491067
We have UNC Kenan-Flagler Business School with us today for a quarterly roundtable discussion on current market trends.
This time, we’re tackling one of the biggest challenges in real estate—starter homes and the shrinking supply of affordable housing.
Eric Maribojoc, Jacob Sagi, and Roberto Quercia from UNC join us to break down the state of the housing market, focusing on the critical shortage of entry-level homes. With the average first-time homebuyer now at a record-high age of 38, affordability is slipping further out of reach.
They dive into why fewer small homes are being built, how zoning laws and regulations play a role, and what possible solutions exist. The discussion also highlights trends in townhomes, manufactured housing, and condos and whether they could fill the affordability gap.
Tune in to hear what experts say about the future of starter homes and what can be done to make homeownership more attainable.
Specifically, this episode highlights the following themes:
- The decline of starter homes and why fewer are being built
- The role of zoning laws, regulations, and land costs in affordability
- Potential solutions, including townhomes, manufactured housing, and policy changes
Links from this episode:
- Learn more about Doorify MLS: https://doorifymls.com/
- Learn more about UNC Kenan-Flagler Business School: https://www.kenan-flagler.unc.edu
- Know more about Jacob Sagi: https://www.kenan-flagler.unc.edu/faculty/directory/jacob-sagi
- Know more about Roberto Quercia: https://planning.unc.edu/faculty/quercia
- Know more about Eric Maribojoc: https://www.linkedin.com/in/eric-maribojoc-a2682122
- Know more about Andrea Siracuse: https://www.linkedin.com/in/andrea-siracuse
1ae5b43598204883b524f061d4880e6d10fca88c (for podfollow.com)
Chapters
1. Introduction (00:00:00)
2. Potential economic issues causing Federal Reserve intervention (00:06:49)
3. Federal Reserve needs to lower interest rates (00:11:59)
4. Housing market rebounded, driving up prices (00:20:26)
5. Good housing pipeline; need to surpass numbers (00:21:59)
6. Data shows decline in single family home production (00:29:32)
7. Growing multifamily projects address housing affordability challenge (00:36:15)
8. Rising housing costs and shifting community dynamics (00:39:31)
9. Insurance costs rise due to global reinsurance (00:47:56)
10. Checking home reassessment schedule and potential tax increase (00:53:15)
11. Home prices increasing due to incoming migrations (00:59:11)
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