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4 popular, innovative ideas to help fix America’s housing crisis

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24.05.2019

For so many Americans, the high cost of housing in a painful reality. In the last decade, rents have risen 31%, well outpacing nearly stagnant salary growth rates. Many people living on lower incomes spend half of what they take home on shelter. Around 21 million Americans are considered rent-burdened to the point where they have to cut back on necessities like food and healthcare, or take on extra labor to afford their home. Even then, their risk of becoming homeless is high.

The dire situation is the result of several factors: lack of government investment in public and affordable housing; decades of policies that kept families of color locked out of the housing market; zoning policies that limited the number of apartment or multi-unit (and therefore more affordable) buildings in communities; lack of protection and support for renters; and minimal avenues for good quality mortgage loans for low-income people looking to buy.

[Source Image: hjmediastudios/Blendswap (house mesh)]To address the housing crisis, policymakers in the U.S. can’t just chip away at any one of these factors. They have to address them all, simultaneously.

That’s the idea behind a recent report from Data for Progress, a nonprofit that conducts in-depth polling on progressive issues from the Green New Deal to Medicare for All to inclusive housing. For its new Homes for All report, the Data for Progress team compiled research on a whole suite of policy solutions to fix the housing crisis, and conducted........

© Fast Company