Thursday, August 24, 2006

Affordable Housing Shortage : Housing Affordability : Affordable Housing Crisis

Fannie Mae's Raines Warns of
Affordable Housing Shortgage

He calls for housing Affordability Action Plan

RISMEDIA, Jan. 20--America could face a critical shotage of affordable housing in this decade or a potential housing crisis without concerted action to ensure that the supply of housing keeps up with expected strong growth in demand, acording to Franklin D. Raines, Chairman and CEO of Fannie Mae.

...a widing gap between housing "haves" and "have nots" that would lead to a housing affordability "crunch."

...Raines said that the supply of affordable housing is not increasing sufficiently to meet the growing demand...

Affordable Housing Shortage Affordable Florida Investment Homes PreConstruction Investment Property