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Thousands of housing units were lost when nearly half of the city’s multi-family buildings were converted into single-family homes between 2013 and 2019, reports the National Neighborhood ...
In 2021, 11.2 million seniors—about one in three—were cost-burdened, spending more than 30% of their income on housing, found Harvard University's Joint Center for Housing Studies, noting that ...
The nation's affordable housing crisis was one of the chief issues that took ... of homes and housing, and the cost of housing is too expensive for far too many people,” Harris said during the ...
After the COVID-19 pandemic, some baby boomers whose children have moved away have found it prohibitively expensive to move into smaller homes, a paradox caused by the higher prices of newer homes, tax benefits given to long-time owners, higher interest rates, and low supply of appropriately-sized housing caused by restrictive zoning that ...
The peer-reviewed study, published in April in the academic journal Housing Policy Debate, found that between 2000 and 2020, the U.S. had a surplus of 3.3 million homes—defying conventional ...
An affordable housing crisis or housing crisis is either a widespread housing shortage in places where people want to live or a financial crisis in the housing market. Housing crises can contribute to homelessness and housing insecurity .
Republican Senator Marco Rubio has stated that the housing crisis was "created by reckless government policies". [23] [24] Republican appointee to the Financial Crisis Inquiry Commission Peter J. Wallison and coauthor Edward Pinto believed that the housing bubble and crash was due to federal mandates to promote affordable housing.
We actually ended up building our way out of that crisis over the course of the 20th century, to the point that by the 1970s, not only was there no urban housing crisis, it was long forgotten.