Levy: NIMBYism has created massive housing undersupply across American income brackets
Michael Levy · Michael Levy – Crow Family Real Estate Empire (EP.353) · Nov 27, 2023 · at 31:50
Michael Levy, CEO of Crow Holdings, explains the macroeconomic thesis behind the firm's investments in multifamily housing.
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“We are so underhoused in America, the amount of nimbyism that's stopping the development Of multifamily housing. We have millions of Americans who don't have places to live, particularly, just let's call it working class, let alone the disadvantaged, but even upper middle class today. And so we are massively under supply.”
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