Affordable housing, or the lack of it, has become a nation-wide problem and Vermonters are no exception in feeling the pinch. Only six percent of the new homes sold in Vermont last year were affordable for a family living on the state’s median income. And there are tough signs in the rental market as well, where available vacancy rates are under four percent – the second lowest rate in the country.
These are just some of the difficulties to be discussed at this year’s Statewide Housing Conference on Tuesday. Mitch Wertlieb talks with the conference’s keynote speaker Nicolas Restinas, director of the Joint Center for Housing Studies at Harvard University.
(To hear the interview, click on the “Listen” icon.)