The Other Housing Crisis: Too Many Sick, Aging Homes
November 27, 2023 by The article discusses the severe conditions faced by low-income renters in the US, particularly in older, substandard housing units. Developer Marjy Stagmeier’s firm, TriStar Real Estate Investments, exemplifies efforts to improve these conditions by investing in repairs that enhance both living standards and health outcomes. The connection between housing quality and health is increasingly recognized, with studies showing significant social and healthcare savings from such investments. Despite these benefits, funding and regulatory challenges persist, often prioritizing new construction over necessary repairs to existing housing. The article underscores the urgent need for a more integrated approach to housing policy that addresses both affordability and adequacy.