The Crisis Of Affordability In Real Estate

http://seekingalpha.com/article/3981232-crisis-affordability-real-estate


Below is the summary from the article - affordability is a problem here in Collier County already but overall it appears that it will become more of an issue.

Summary

Two-thirds of the world's population is expected to live in cities by 2050, up from 54% in 2014, according to the United Nations.

Yet, as of the end of 2015, we found that housing for people in the middle of the income pyramid is unaffordable in most cities and countries that we studied.

In the short term, unaffordability in real estate markets may be considered a potential risk for institutional investors.