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With an increasing shortage of housing across the U.S. driving up home prices and rents, communities and developers need to adopt a broader strategy. An important part of that approach will be infill development, adaptive reuse, and changes in zoning regulations to encourage the development of so-called “Missing Middle” buildings with multiple units that younger couples and families can afford to purchase.
This article from Urban Land, the magazine of the Urban Land Institute, quotes Eric Maribojoc, executive director for the School of Business' Center for Real Estate Entrepreneurship, on the issue.