The Extraordinary Wealth Created by the Pandemic Housing Market
- Thom Liggett
- Jan 3
- 1 min read
Originally posted in June 2022: https://www.linkedin.com/posts/thomliggett_the-extraordinary-wealth-created-by-the-pandemic-activity-6926534499749019648-T8KZ
The mission to build new housing supply to meet this demand requires steady leadership that’s focused on balancing “stakeholder benefits” #sharedvalues beyond just the financial investors. Thank you to CAPC and Ellavoz for the first two successful years of the CAPC SFR Home Impact Fund started in the pandemic:
- 90% of sales to First Time Home Buyers
- 80% of sales to Minority Home Buyers
- BRAND NEW homes sold for LESS “per square foot” than the price of “RENOVATED” homes originally built more than 30 years ago…
- Avg affordability for our buyers at < 100% of Area Median Incomes.
22 homes sold and 18 more to complete this year!
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