housing affordability

  • Addressing Constrained Housing Supply: Evidence on New Market-Rate Housing

    Addressing Constrained Housing Supply: Evidence on New Market-Rate Housing

    It’s no secret that the United States has a housing affordability problem. The high cost of living in major cities stems from a shortage of available units. High rents burden low- to moderate-income families. The larger percentage of a household’s income goes to rent, the less a household can afford…