'Curious Conversations' podcast: Dustin Read talks about the public perception of affordable housing
Dustin Read joined Virginia Tech’s “Curious Conversations” to talk about the public perception of affordable housing, especially related to nonprofit and for-profit providers. Read explained how building public support is a critical piece of affordable housing projects and his research on the various aspects that might influence that, including profit status and development size. He also shared his insights as to the impact such developments have on neighboring properties and communities.
Takeaways
In general, housing is considered affordable when its occupants spend 30 percent or less of their gross income on housing costs.
While Read’s research indicates that for-profit and nonprofit providers' day-to-day operations often mirror one another, the nonprofit label typically results in a more positive perception in the public.
Most of the research during the past two decades indicates that the addition of affordable housing either has no impact on raising the value of neighboring properties.
About Read
Read is head of the Blackwood Department of Real Estate in the Pamplin College of Business. His research interests include property and asset management as well as housing affordability, land use policy, and real estate development.
Learn more
Dustin C. Read appointed department head of Blackwood Department of Real Estate
About the podcast
"Curious Conversations" is a series of free-flowing conversations with Virginia Tech researchers that take place at the intersection of world-class research and everyday life. Produced and hosted by Travis Williams, assistant director of marketing and communications for the Office of Research and Innovation, university researchers share their expertise and motivations as well as the practical applications of their work in a format that more closely resembles chats at a cookout than classroom lectures. New episodes are shared each Tuesday.
