– Low housing inventory, rising rent, and escalating home values are hindering our business community’s ability to recruit workers.
– If Wisconsin doesn’t recruit workers from other areas, the state’s prime working age population will likely shrink by 130,000 by 2030.
It is critically important that our communities prioritize housing solutions for our workforce so that our businesses can thrive and remain competitive.
The current housing shortage is impacting everyone: working-class families, retirees and first-time home buyers, all desperate for homes or apartments they can afford.
– Since 2017, housing prices have risen 16.5% faster than salary increases.
– Hard working individuals like teachers, firefighters and nurses are unable to afford housing near their workplace – we call it the “Missing Middle”.