This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Would you live next to co-workers for the right price? This company is betting yes

For any of my co-workers reading this, let's get this straight... I love you and really enjoy working with you all! But I'm not so sure I would love living next to you as well. Sometimes it's nice to leave work behind, and enjoy time outside the office.

But housing is becoming such an issue and, for many workers, unaffordable. So some companies are looking into developing their own communities and building homes for their employees to rent - or own! And they are often selling at "below market" prices to help workers own a part of the American dream of home ownership.

Yes, there are some restrictions that come with owning a company home. But they don't seem too onerous. 

First, buyers must live in the home and not rent it out. If they want to sell within the first three years, the company has the option to buy it back at the original sales price. That's to keep people from trying to flip these homes in short order.

Read the full story

As rents and home prices across the U.S. have skyrocketed, more companies are finding it harder to recruit and retain middle-income workers. Record-high job openings and low unemployment have made the competition worse, fueling staff shortages. So a growing number of employers around the country have decided to build their own housing for workers, mostly for them to rent but sometimes to buy.

Tags

home, housing, business, employee, english, highlight

Creating, sharing and inspiring change. For good.

The global issues we face are challenging and interconnected. They can seem insurmountable. But if you know where to look, co-operation, positive change and hope are all around us. Build Beyond Even Better is a project that recognises the progress being made, and the amazing people who are making a difference. Share your own hopes, pledges and projects with #BBEB, or become a contributor.

Please read our BBEB Charter PDF.