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Episode 347: Solving Housing Affordability With Josh Bandoch

By Mark Ainley

Josh Bandoch is the Head of Policy at the Illinois Policy Institute where he works to spread awareness on improving housing policies to promote affordability and social mobility.

Josh starts by describing how he got into housing policy and the mission of the Illinois Policy Institute. He explains some of the prohibitive policies in Illinois that restrict development and the increase of housing supply. Josh discusses the power of ADUs to bring affordable housing supply and how other cities with less restrictions have successfully developed ADUs. He closes by explaining how Illinois can and should look at the policies in other states that have helped solve affordable housing and state debt issues. This is a great show to understand macro-level issues we deal with here in Illinois and how we can make our voice heard to help reach solutions!

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01:35 Housing Provider Tip - Keep heat on in vacant units to prevent pipe bursts and other issues during winter!

03:36 Intro to our guest, Josh Bandoch!

06:42 The Illinois Policy Institute and its mission!

13:21 Policies negatively impacting housing affordability.

24:23 Benefits of ADUs and restrictions in Illinois.

34:14 Places with the least amount of housing regulation.

38:05 Dissecting Illinois Property Taxes!

44:54 Looking outside of Chicago to solve Chicago’s problems!

47:47 What is your competitive advantage?

48:46 One piece of advice for new investors.

49:12 What do you do for fun?

49:47 Good book, podcast, or self development activity that you would recommend? 

50:34 Local Network Recommendation? 

51:00 How can the listeners learn more about you and provide value to you?

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest Name: Josh Bandoch

Guest Company: Illinois Policy Institute

Guest Link: https://www.illinoispolicy.org/author/jbandoch/

Other Links for show notes:

Josh's LinkedIn

Thinking Fast and Slow (Book Recommendation)

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Author

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Mark Ainley
Investor, Managing Broker, and Property Manager
Price is what you pay, Value is what you get! I want to provide value to others and make some money along the way. I have a solid foundation in Chicago real estate because I am a Real Estate investor in both Residential and Commercial/Industrial markets while being a founding partner at GC Realty & Development LLC and co-host of Straight Up Chicago Investor Podcast. In the last 20 years we renovated 500+ properties, invested in commercial properties, managed over 7000 units/tenants, leased...
Price is what you pay, Value is what you get! I want to provide value to others and make some money along the way. I have a solid foundation in Chicago real estate because I am a Real Estate investor in both Residential and Commercial/Industrial markets while being a founding partner at GC Realty & Development LLC and co-host of Straight Up Chicago Investor Podcast. In the last 20 years we renovated 500+ properties, invested in commercial properties, managed over 7000 units/tenants, leased over 4,000 properties, featured on CNBC’s TV show The Deed, co-host on Chicago's AM560 Real Estate Revealed Radio Show, and invited to speak & sit on panels at numerous investment summits across the country. I have also been blessed with the opportunity to be a guest on over 30 top podcast platforms. GC Realty & Development, LLC, currently manages over 1,200 investment properties throughout the Chicagoland area. In 2019, 2020, 2020 and 2022, GCR&D was featured on the Inc. Magazine list of top 5,000 fastest growing companies in the United States. I take great pride in providing valued feedback to beginners and less experienced entrepreneurs on what steps not to take or what steps to take sooner in growing a younger business.
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