December 07, 2020
Renter Affordability with Kevin Burke
Renter affordability remains a curious topic in the face of the pandemic. Fresh off publishing his new report, Renter Affordability Reexamined, Freddie Mac researcher Kevin Burke sits down with Steve and Corey to discuss some insights from the paper and discuss the city of Los Angeles’ recent efforts to address affordability. Tune in for a comparison of how things have changed, a breakdown of what’s been impacted and a couple surprisingly positive trends he’s seeing.
- Chapter 1: 2:00 - 8:45 – Renter Affordability
- Chapter 2: 8:45 - 22:30 – Simpson’s Paradox on Renter’s and Owners
- Chapter 3: 22:30 - 29:30 – Pandemic impact on renters’ jobs and income
- Chapter 4: 29:30 - 38:00 – Renter burden (Based on city of L.A. analysis)
- Chapter 5: 38:00 - end – How different income bands are impacted
Listen to other episodes in the series.
About the Podcast Hosts
Steve Guggenmos
VP Research & Modeling
Steve leads multifamily research at Freddie Mac. In this role he performs research related to national and market-specific multifamily conditions. His team supports the multifamily business by developing models and quantitative approaches that determine risk-based capital allocations. The models capture loan level risks and also the benefits of the diversification and structural credit support for pools of multifamily mortgages, supporting the core business strategies of Freddie Mac Multifamily.
Corey Aber
Senior Director of Mission, Policy and Strategy
Corey is the Senior Director of Mission, Policy and Strategy at Freddie Mac Multifamily. In this role, he oversees our Duty to Serve initiatives as well as research and development activities that further our support for affordable housing and underserved markets nationwide.
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