This video, part of the REALTOR® University Speaker Series, contains the highlights of Dr. Lisa Sturtevant’s talk on the Paycheck-to-Paycheck tool, which compares wages and housing costs in 207 metro areas, median home prices and the income needed to afford them as well as median incomes for 76 different occupations. This tool has applications for the REALTOR® community, in that:
- A local association could bring the information to discussions with their Chamber of Commerce or city developers on the comparative advantages of focused occupation-relevant recruiting.
- Every day consumers looking for an affordable city for their chosen profession would find it useful to compare a multitude of metro areas or look at targeted metro area affordability.
Dr. Lisa Sturtevant is the Director for the Center for Housing Policy and Vice President for Research of the National Housing Conference.
About the National Housing Conference
The National Housing Conference (NHC) represents a diverse membership of housing stakeholders including tenant advocates, mortgage bankers, non-profit and for-profit home builders, property managers, policy practitioners, realtors, equity investors, and more, all of whom share a commitment to a balanced national housing policy. Since 1931, NHC has been dedicated to ensuring safe, decent and affordable housing for all in America. We are a nonpartisan, 501(c)3 nonprofit that brings together our broad-based membership advocate on housing issues.
About the Center for Housing Policy
As the research affiliate of NHC, the Center for Housing Policy (CHP) specializes in solutions through research, working to broaden understanding of America’s affordable housing challenges and examine the impact of policies and programs developed to address these needs.