In this episode, Jonathan Schein, CRE, discusses how the affordable housing supply is impacting the real estate industry with George Vallone, CRE. Housing Supply and Affordability was listed as the #6 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

George Vallone, CRE, is President & Broker of Record, Hoboken Brownstone Company, a multi-faceted real estate development firm active along New Jersey’s Hudson River “Gold Coast” for the past 40 years. George has extensive experience in urban housing through a socially conscious approach to development. The firm’s mission statement is “Quality real estate development means quality community development.” His firm has been responsible for renovating brownstones, brick row houses and has built mid-rise and hi-rise condominiums in Hoboken and Jersey City as well as over 1,000 affordable housing units throughout most of New Jersey’s urban markets. George’s development companies specialize in large mixed-use Brownfield redevelopment projects.

The “Top Ten in 10” series is part of The Counselors of Real Estate’s CRE® Thought Leaders podcast program. In each episode, we discuss an issue from the 2021-2022 Top Ten Issues Affecting Real Estate®.

• The 2021-2022 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/
  
• Read George’s piece in Real Estate Issues: https://cre.org/real-estate-issues/affordable-housing-discrimination-in-america/
  

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0