High mortgage rates, credit regulations and a lack of housing supply continue to make purchasing a home out of range for many households. In a Q&A published with the January 2024 issue of Institutional Real Estate Americas, “U.S. housing is experiencing an accessibility crisis: How we got here, and how we move forward,” Amherst’s Chris Avallone, head of merchant banking, and Genger Charles, head of external affairs and impact strategies, discuss today’s renters and their challenges, and how to create housing solutions. “Today’s renters want green spaces, neighborhoods, backyards, garages, extra rooms for their growing families and all the benefits of single-family homeownership — without the mortgage,” note the contributors. “The housing industry has historically failed to innovate for this group of renters.” The opportunity, according to the Q&A, is for “private capital participation to inject investment, innovation, and resources to
