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Those living in older, poorly maintained housing are at the greatest risk, and many of these housing units are home to low-income families [13] Even though blood levels are dropping in much of the population in the United States, the poorest children remain at the greatest risk because they are most likely to live in older, poorly maintained ...
Even in regions with relatively abundant market-rate housing, the market can fail to supply safe and sufficient housing to populations with very low income or disabilities that impair independent living. Insufficient public funding has contributed to a distinct housing crisis affecting these groups.
[14]: 1 [15] In 2023, housing affordability in California reached a 16-year low, with only about 16% of homebuyers able to purchase a median-priced single-family home, as per data from the California Association of Realtors. In San Mateo and Santa Clara counties, buyers would require a minimum income of $504,400 and $451,200, respectively, to ...
WASHINGTON (Reuters) -The Biden administration is taking steps to address a severe housing shortage in the United States by creating and selling 100,000 affordable homes over the next three years ...
Initiating such structural and policy-based transformations on a broader level is the only way to address the rapidly worsening housing crisis. Tennessee's housing crisis is severe, but it affects ...
Like Fraser, thousands on Maui have faced a year of anxious uncertainty since the Aug. 8, 2023, wildfire brought apocalyptic scenes of destruction to Lahaina, the historic former capital of the ...
Increases in homelessness broke records in 2022 and in 2023. [15] [16] [17] In 2023, record levels of homelessness have been declared in Los Angeles and New York City, and other cities around the country have reported increased levels of homelessness, with the main drivers being a shortage of affordable housing and the increased cost of living.
Economists debate the causes of the crisis. In 2022, economists Christian Hilber and Olivier Schöni found that the primary strand in this debate argues that supply constraints such as land use restrictions prevented the meeting of growing housing demand, resulting in higher housing costs.