Full Spectrum Housing - Shifting Market Preferences
Demographics are driving new market preferences for housing diversity. Does the existing housing stock provide market options for both buyers and renters that fit their lifestyle? The strategic importance of housing affordability is being redefined as the costs of rent/mortgage, transportation and utilities get factored into the equation. Central Ohio certainly enjoyed a boom in housing over the last several years and fortunately, compared to some other places, kept the costs within reason. Downtown housing got off to a strong start but has been stifled by a collapsed real estate and financial market. How do we continue the housing trend of full spectrum housing that goes “up” more than “out”?
Mark Daniels, President at M + A Architects and ULI Columbus Advisory Board Member, answered the key questions for Full Spectrum Housing in Columbus on a blog post for ULI Columbus. You can read the article in its entirety here.