A nagging, notorious, nationwide shortage of housing is perhaps the most pervasive trend in real estate in the last decade, but the private sector has struggled to respond, finding the economics of such housing types untenable for their balance sheets. But with an obstinate housing market that has seen prices continue climbing in spite of higher interest rates meant to slow the economy, developers and investors seem to at last see a path to profits that includes income-restricted housing. 
“Our philosophy is that while there needs to be government interventions, that can't be the only way to resolve this problem,” said Scott Berka, Greystar senior managing director of brand and customer experience. “There has to be a private-market solution that can help consumers, but also make…  Read the full story here. | 
