The pandemic has adversely impacted the lives of people worldwide. Not only has it increased the issue of housing crisis and homelessness, but it has also adversely affected the hotel industry globally. Though no one knows when the next lockdown might get announced. However, with the current speed of vaccination, the travel and tourism industry gets a ray of hope explains Maxwell Drever.
The global vaccination drive has brought about a positive impact for us all. And this has resulted in one great opportunity – the possibility of a home for the ones who need it. People have given ample importance to the need for affordable workforce housing and say that there need to be adequate arrangements made for the same. But when it comes to the hospitality sector, hotels might require more time to return to their past state of existence and business. To address this issue, today several hotels in the United States have decided to get in touch with expert developers, real estate organizations, and architects to transform their properties into an affordable residences for the ones who aren’t being able to afford a home due to the pandemic and other reasons.
Affordable housing can resolve the housing crisis
Not all Americans or people in the United States have a home. As Maxwell Drever points out they often live on the streets and are more prone to the virus, which is constantly changing form. Also, those who do have a home often live in conditions that are not conducive to a healthy life. When you don’t have a proper living conditions, it can affect your entire life quality. And can result in several mental and physical issues. Hence, it’s essential to address the housing crisis issue.
Most people spend half of their income on their household. So they can’t afford to spend on other crucial aspects of life, such as healthcare and education. And there are others residing in poor conditions because the single-family homes cost a fortune that they can’t afford. Hence, more affordable housing projects are undertaken by reliable authorities. The housing crisis will start to reduce, thereby ensuring that most people have shelter. And stay protected from the virus and other hurdles of life.
Affordable housing can lead to social and economic development
People like Maxwell Drever realize that the majority of the workforce wants to stay at a location closer to their workplace. And most of the affordable housing projects address this aspect. Because it will reduce the commute time and help the workers to be more productive. Also, when an affordable housing project gets commenced, it can generate further chances of employment. Hence, people who have lost their jobs. Because of the pandemic can search for employment when such a large-scale project occurs. And that in turn provides them the earning required to make a decent living. Furthermore, it also provides shelter to the ones who are homeless.
Therefore, when you look at it from an objective point of view. Arranging for affordable workforce housing units will benefit the economy and society as a whole.