Housing the greater Washington region’s future workforce
Policy Challenges for Local Jurisdictions
Stephen S. Fuller, of IPI USA, co-author of the study Housing the Region’s Future Workforce: Policy Challenges for Local Jurisdictions -final report, was one of the keynote speakers at the Housing the Region’s Future Workforce conference, on October 25 th, at the George Mason University of Public Policy, here this study was presented.
The purpose of this study was to highlight housing as a constraint and opportunity for the region’s economic development and to examine the impacts local housing policies have on the supply of housing in the region.
Over the next 20 years, the Greater Washington region will add over a million net new jobs. Another 1.8 million of the region’s current workers will retire and new workers will be needed to fill those jobs.
Having a sufficient amount of housing—in the right price and rent ranges and in the right places—is critical to the economic performance of the Greater Washington region. Without an adequate supply of housing, traffic congestion will increase and the economic growth will slowdown.
The conference, co-sponsored by the George Mason University Center for Regional Analysis and the Metropolitan Washington Council of Governments, provided a spring- board for further discussion and action, as well as, included questions and audience discussion on the challenges and opportunities for housing in the Greater Washington area.
The study is available online.
