November 2024 Trends - The Future of Housing
Nov 26, 2024
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Trends We're Watching |
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November 2024 FutureGood is a consultancy focused on helping visionary leaders build a better future. Through DEI consulting, strategic visioning, keynotes, retreats, and online learning, FutureGood helps thought leaders (like you!) to deploy futurism. |
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We are watching so many interesting trends each month that we've decided to share them with our community. If you want us to look out for a specific subject, reach out and let us know! |
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The Future of Housing |
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New Story is leading a new affordable housing model that moves beyond traditional philanthropic funding. They sell fully developed land with utilities (water, sewage, electricity, and roads) to families at affordable monthly rates. Families can then use the land as collateral to secure mortgages and build homes through a for-profit developer partner. This approach incentivizes developers to participate by providing qualified buyers and pre-developed land, enabling New Story to significantly increase affordable housing production and expand access for more families, which ultimately yields better housing production. |
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What this could mean for the social sector: This model signals a shift for the social sector toward more sustainable, scalable approaches by incorporating for-profit partnerships in traditionally philanthropic spaces like affordable housing. By aligning social impact with market incentives, organizations can potentially amplify their reach and effectiveness, creating lasting, system-wide change. |
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As home prices and care costs soar, more families are turning to multi-generational living, either temporarily or permanently. In response, homebuilders are adapting designs to include accessory dwelling units (ADUs) or separate entrances and living spaces, offering flexible options for family members or even short-term rentals. |
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What this could mean for the social sector: This trend may drive the social sector to rethink support services, focusing on affordable, adaptable housing solutions and resources that promote intergenerational support within families. |
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Learn to spot trends relevant to your work |
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If you want to learn more about futurism, including how to spot and make sense of these trends, you can! Sign up for our online learning program, FutureGood Studio, and empower yourself to be future-ready! |
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Rick Fox’s construction company is pioneering a sustainable alternative to concrete that captures CO2 from the air and strengthens over time, marking a breakthrough in building materials. Innovations like this are set to transform an industry that has largely remained unchanged for a century, opening doors to more eco-friendly construction practices. |
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What this could mean for the social sector: This innovation encourages the social sector to advocate for and adopt sustainable building practices, aligning infrastructure development with environmental responsibility and climate action. |
