◀︎return to newslistHomeownership Is Affordable Housing

May 20, 2021 – 

Mike Loftin
May 2021
If you are reading this brief, you probably care about the nation’s housing affordability crisis and know something —maybe even a great deal—about today’s residential real estate market. You probably know that rents have increased dramatically since the Great Recession, outstripping inflation and especially burdening low-income households and people of color; that home prices are soaring; and that 75 percent of renters earning less than $50,000 a year spend more than 30 percent of their income on housing, and, of those, 42 percent spend more than half their income. Read more >