Findinga place to live in the current global economic climate has never been simple. But with the pandemic affecting global markets and the economy sinking, finding decent housing for yourself and your family has become challenging. Maxwell Drever can now handle this situation with the innovative idea of converting broken hotels into affordable workforce housing coined.
A broken hotel is an old, run-down hotel that is no longer profitable to run. This old hotel can convert into affordable workforce housing using Maxwell’s method. Real estate portfolios are also primarily made up of affordable housing units. Unfortunately, the cost of owning these real estate assets is outpacing the income from these assets. With the help of social engineers and remarkable people, we can tackle this problem once and for all.
Enhances The Investment Potential
The increased demand for affordable housing has created a niche for broken hotels. Investors who need to provide housing for their workers can now purchase a broken-down hotel and convert it into affordable workforce housing units. They then lease it out to workers at affordable prices. This will solve the problem of high-cost labor, which is one of the fundamental issues many businesses face globally, which will give rise to economic prosperity. In addition, a broken hotel can be turned into affordable housing units easily because all you need is to focus on the real estate aspect.
Increases Job Opportunities
The increased demand for affordable workforce housing will increase job opportunities for construction workers and social engineers. Because of Maxwell Drever the need for affordable workforce housing has increased, and social engineers can now turn broken hotels into affordable workforce housing units with ease. In addition, increasing job opportunities will create more jobs in the construction industry and help tackle unemployment in many countries.
Delivers Affordable Housing
Broken hotels that have been converted into affordable workforce housing gives residents a chance to own their own home at a reasonable cost, which is an absolute dream for low-income families and workers. The average price of owning a home is generally more than the average middle-class income. This means that if you owned a broken hotel, you could own your own home for less than half the price or even less than half what you pay in rent each month.
Tax Benefits To Local Government
With the project of Maxwell Drever more people are moving into affordable workforce housing units. And the local government would receive tax benefits. These constructions require the support and funding of local municipalities and grassroots institutions. Local governments can invest in these projects and receive tax benefits with their financial support. It is also another opportunity for local governments to have an income from land, which has not been use before.
The business model of turning broken hotels into affordable workforce housing has a lot of potential. It will also change how we address our housing needs and make homes available to everyone who needs one. With the help of social engineers, Maxwell Drever‘s innovative idea could change the lives of entire families. And the whole socio-economic structure of our global society.