STRENGTHENING COMMUNITIES
AND NEIGHBORHOODS
The US is in the midst of a profound demographic change, powered by the confluence of two major trends – advancing age and increasing diversity. Fortunately, the needs of young families and elders wishing to age in place – affordable housing, public transportation, safe streets, access to healthy foods, and opportunities for civic engagement - are more similar than they are different.
WHO CAN’T AFFORD TO LIVE IN SANTA FE IN 2022?
Santa Fe has struggled for years with a shortage of affordable housing. The state capitol is a major employment center, with thousands of government jobs, and robust hospitality, arts, technology, and healthcare sectors that employ thousands more.
by Kelly O’Donnell PH.D. | Chief Research & Policy Officer, Homewise
BARRIERS TO ENTRY: SHORTAGE OF STARTER HOMES LIMITS HOMEOWNERSHIP FOR NEW MEXICANS
Underproduction of the once-ubiquitous ‘starter home,’ a relatively small, affordable, single-family home built with the first-time homebuyer in mind, is a key contributor to today’s affordability crisis.
by Kelly O’Donnell PH.D. | Chief Research & Policy Officer, Homewise
SHORT TERM RENTALS AND ACCESS TO HOUSING IN SANTA FE
Lack of affordable housing is one of the greatest challenges facing Santa Fe in 2019. Recent proliferation of short term rentals (STRs) marketed on platforms like Airbnb has contributed to the rapid escalation of home prices and rents.
by Kelly O’Donnell PH.D. | Chief Research & Policy Officer, Homewise