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Making Housing Affordable For Everyone with Rick Wajda
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Nick Smith에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Nick Smith 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Welcome to 2024!! On this first Wealth In Real Estate Development episode of the new year, it was a pleasure to interview Rick Wajda, CEO of the Indiana Homebuilders Association (IHBA). Rick discussed the history of the organization and its mission to keep housing safe and affordable for all Indiana residents, aka Hoosiers!
The current median home price in the state of Indiana is around $400,000. However, 75% of Hoosiers do not have the income to support this price point! This disconnect and how this gap can be narrowed was discussed.
Rick also addressed some of the challenges that face the new construction industry. The number of developers/ contractors have drastically decreased as compared to prior then 2008. There is a lack of qualified contractors. In addition, government impact and permit fees are drastically increasing the cost of new homes in many communities.
Rick talked about how the IHBA is working to get children more interested in the trades. This is something many communities and schools should be looking into. And he discussed recent legislation that will allow the State of Indiana and some of it's local municipalities to partner in bringing infrastructure costs down for new housing.
For more information on the Indiana Homebuilders Association, please visit their website: www.buildindiana.org
Thank you so much for watching!
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