Every day, there are fewer affordable houses available.
Yep! The very people who provide the Human Power that feeds us, clothes us, builds our cars, houses, and all of the consumer and durable goods we are able to buy . . . These are the folks we call “the backbone of America’s economy”.
Small business owner/operators
Whatever you want to call them, they all have one thing in common . . . their ability buy a house is vaporizing right before our very eyes . . .
Affordable Home ownership is teetering on the edge of extinction because the increase of rising Home prices has far out-paced the increase of wages/income.
The gap between the haves and the have-nots is becoming a canyon.
This leaves only the option of renting a house or apartment with no possibility of building wealth through owning real estate.
These renters are paying their landlords’ mortgages, and the wealth building goes to these landlords. “Common folks” don’t seem to have a chance.
There IS a way for some of these lucky people to own their own affordable house. It’s a bit of a lottery chance, but it IS a reality for many families.
Habitat for Humanity Nashville is doing some great things and giving regular, hard working families the right to earn their own home. This is NOT a “handout” – 1st, they’ve gotta win the lottery of candidacy. Once chosen, they must complete a rigorous training program covering personal finance and homeownership. Then then they’ve gotta participate in building their own house and likely the houses of their neighbors.
Very few of these Habitat home owners foreclose because they’ve got “skin in the game”.
Greater Nashville Realtors Sponsors a house EVERY year (I think over 25 thus far), and I and the Vital Few agents of Pareto Realty are annual participants . . . Today and tomorrow we will doing whatever we’re told to do to build this house. This is great “team-building, and we always look forward to taking a break from selling houses to actually BUILDING them.
You, too, can volunteer ANY time to participate in the building of these house. Just connect with Habitat Nashville and sign up.
Let’s get out there and build a house!