Austin (kxan) – a The report was published May 15 By the National Association of Real Estate Justice (NAR) it claims that the main metro of Texas faces a “large shortage of homes” available to middle -income families.
In order to fulfill the demand, the United States must build two houses that include less than 260,000 dollars per house above 680,000 dollars. Unless that happens, “houses ownership will remain banned from millions of Americans who are financially ready to buy,” said NAR.
Fire wrote: “The buyers with medium income – those who are supposed to form the backbone of the house market – are making progress, but they are still leaving more than half of the houses for sale today.”
Austin leads the nation in building a multi -capacity family at reasonable prices, but it has the lowest house ownership rate.
Billy Weibel, chief influence official in Austin for humanity, spoke with KXAN about the report.
“Even as homes are approaching online, demand prices are higher than many wage owners. If you look at average income, they are unable to afford the costs of the next product online,” Wibl said. “We have seen a lot of growth here in Austin, however it came more than homes, and the units are much more. I think we all saw the construction.”
Wippel said that although the habitats “intervene” to meet the demand, support from state governments and state governments is necessary to help builders.
“Delivery of homes is reasonable, as more people in our entire economic spectrum can require access to the ownership of the house, requires support, support and speed,” he said. “Whenever long go to divide areas, allow, and construction, more uncertainty is inserted into the equation. This is always equivalent to more cost.”