Research limitations/implications The global diversity in the housing affordability crisis suggests that one should be cautious when extrapolating research findings for a given country to other countries or when proposing housing policy transfer across countries. Practical implications The specific nature of ...
“Given the current housing affordability crisis, higher rates will make owning a home completely out of reach for nearly all potential first-time homebuyers,” he said. “Since homeownership is a key part of the American dream, if it appears unattainable, this...
Helping Solve The Housing Affordability Crisis Since 2001, I've been to fundraisers that supported political candidates focused on building more affordable housing in the City. I've seen affordable housing legislation, passed years ago, that still hasn't broken ground. Housing change happens at a ...
Housing affordability is the main policy challenge for most large cities in the world. Zoning changes, rent control, housing vouchers, and tax credits are the main levers employed by policymakers. How effective are they at combatting the affordability crisis? We build a dynamic stochastic spatial ...
The scope of the affordability crisis was outlined in state-by-state detail in a recent report from the National Low-Income Housing Coalition. As ananalysis of the report byCurbedsaid, “of every 100 rental units nationwide, only 35 are available or affordable to extremel...
Growing up working in my family’s property management business I have watched not just the homeless population grow exponentially in recent years, but also the unaffordability of housing reach a point that it seems clearly unsustainable to most. It has always appeared to be a complex web of ...
The United States may be facing its most severe housing crisis in history. It has been declared in articles in Foreign Affairs and Bloomberg recently. Home Builders have known that this was developing since the end of the Great Recession. Federal government restrictions have largely engineered this...
The tax reform act of 1986 and the housing affordability crisis: is it time for a home mortgage interest credit?The purpose of this paper is to propose a home mortgage interest credit (HMIC) as...William R SimpsonThe DreamCatchers Group, LLC...
The spike in mortgage rates is a stark shift for the housing market in the US, which has enjoyed relatively low borrowing costs since 2008, when the US central bank slashed rates during the financial crisis to help prop up the economy. ...
Speaking at this weekend’s U.S. Conference of Mayors annual meeting forum on housing affordability, Durkan called it “the crisis facing Seattle.” The home of Microsoft and Costco grew more than 100,000 residents in the last seven years, with Amazon alone employing about 40,00...