In the co-investing model, companies are part owners of homes. While this arrangement gives potential homebuyers more options, this isn’t a real solution to the country’s housing affordability crisis.

Issi Romem writes about the emergence of the owner-renter hybrid model and ways the pandemic could affect these arrangements and the housing market. "Instead of just lending people money to buy homes, companies are now co-investing with them — in other words, taking an ownership stake in the home. This can take on many different forms, including offering down payment assistance or providing a substitute for home equity loans."
The owner-renter hybrid means that people do not ever gain full ownership of their homes. The idea is not new, Romem says, with similarities to rent-to-own approaches and rent control.
While the owner-renter hybrid might be an appealing option for people facing housing cost challenges, particularly during the pandemic when homeowners may lose their homes, the long-term outcomes do not address housing affordability, Romem says.
"Increasing people’s buying power, even if it emerges from something as significant as giving up on traditional ownership, won’t improve the state of housing affordability. As long as demand is fundamentally strong, building more housing is the only thing that will help," Romem concludes.
FULL STORY: A Cheaper Roof Over Your Head During the Pandemic?

The Right to Mobility
As we consider how to decarbonize transportation, preserving mobility, especially for lower- and middle-income people, must be a priority.

Early Sharrow Booster: ‘I Was Wrong’
The lane marking was meant to raise awareness and instill shared respect among drivers and cyclists. But their inefficiency has led supporters to denounce sharrows, pushing instead for more robust bike infrastructure that truly protects riders.

Push and Pull: The Link Between Walkability and Affordability
The increased demand for walkable urban spaces could make them more and more exclusionary if cities don’t pursue policies to limit displacement and boost affordability.

U.S. Transit Agencies Face a Financial Crisis
Transit providers around the country are scrambling to find new sources of revenue to replace lagging ridership and reorienting their systems to a future less dependent on daily commuters.

California Rejects Six-State Colorado River Plan, Proposes Its Own
State officials claim a proposal agreed upon by the other six states using Colorado River water disproportionately impacts California farmers.

Washington Focuses Road Safety Efforts on Individuals, Neglecting Design
Legislative efforts to reduce traffic deaths could move the needle toward Vision Zero, but state leaders failed to commit infrastructure funds to making structural improvements.
Texas A&M AgriLife Extension
York County Government
York County, Human Resources
HUD's Office of Policy Development and Research
HUD's Office of Policy Development and Research
Harvard GSD Executive Education
City of Culver City
Sonoma County Transportation Authority
City of Piedmont, CA
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.