Housing Affordability Crisis

More Research Needed to Understand the Rental Market
Large institutional investors are changing the realities of the U.S. rental housing market, but a lack of information makes it hard for cities to respond.

Austin in the Top Five for Out-Migration
Fortunes are changing in Austin—a longtime magnet for new arrivals is dealing with skyrocketing housing costs and increasing amounts of out-migration.

Connecticut Legislator Pushing for Statewide Rent Control
Extreme price hikes in the for-sale and rental markets are pushing the state of Connecticut to consider statewide rent controls like those adopted by Oregon and California in 2019.

Two L.A. County Cities Approved Rent Control in August
Bell Gardens and Pomona booth voted to approve rent caps of 4 percent this month in Southern California.

D.C. Could Lead the Downtown Office Conversion Trend
Many urban cores around the country are faced with increasing office vacancies concurrently with a housing affordability crisis caused, at least in part, by a lack of supply. D.C. is particularly primed for a wave of adaptive reuse.

NLIHC Report: Wages Don’t Cover the Cost of Housing in Every Corner of the Country
The “Out of Reach 2022” report, published recently by the National Low Income Housing Coalition, paints a dire picture of a lack of housing affordability in the United States.

What Is a YIMBY?
YIMBY, an acronym standing for "Yes In My Backyard," describes advocates who support housing development as a response to the outcomes of restrictive zoning and planning policies.

Price Cuts Spread to More of the U.S. Housing Market
The insanity of the housing market during the pandemic seems to have peaked in an increasing number of U.S. cities, according to recent data.

Land Banking to Prevent Transit-Oriented Displacement in Los Angeles
The Los Angeles County Metropolitan Transportation Authority (Metro) will implement a new land banking program to mitigate gentrification and displacement around future transit lines.

U.S. Rental Market Crosses a New Threshold of Affordability
In a first for the country's rental market, most U.S. apartments are asking for more than $2,000 to rent, according to data recently published by Redfin.

A New Housing ‘Blueprint’ for New York City
With every new mayoral administration in New York City comes a new plan for addressing the city’s housing affordability crisis. Now it’s Mayor Adams’s turn.

Austin Considering Zoning Tools to Support Affordable Housing Development
An expansion of the city’s vertical mixed-use (VMU) affordable development program is the furthest along of a package of reforms intended to spur the construction of affordable housing.

Newark Working to Stem the Tide of Wall Street Investors in the Residential Market
A new study by researchers at Rutgers University reveals the scale of Wall Street’s reach into the Newark, New Jersey, housing market—LLCs and private equity accounted for 47 percent of residential real estate transactions from 2017 to early 2020.

Co-Living Banned in Shawnee, Kansas
Anti-multi-family housing sentiment hits a new note in Shawnee, Kansas, after the city council votes to prohibit co-living from the city.

The 'Eviction Tsunami' and Other Pandemic Projections
The ups and downs of the pandemic have been extremely hard to predict, so the consequences of the pandemic have been just as unforeseeable—despite the efforts of a nation of armchair prognosticators.

10 Real Estate Markets That Could Soon Resemble San Francisco
The housing prices that define the most expensive metropolitan areas in the country—think San Francisco, New York, and Los Angeles—have gone national.

What Is a Density Bonus?
A density bonus offers development permissions beyond what's allowed by a zoning code as an incentive for developers to contribute to desired policy goals. Density bonus programs can offer numerous forms of incentives, and can be used as an incentive to address a variety of policy goals.

Vital Communities: Housing Quality for Social Equality
Transit-rich, “inner ring” neighborhoods with multi-family, mid- and high-rise housing (going beyond the limits of missing middle housing) will be necessary to deliver access to high-quality, safe, and affordable housing.

The Land Value Tax as a Solution for Housing Affordability
A Vox explainer digs into one of the esoteric ideas of planning theory: a land tax.

More States Consider Tax Breaks for Low-Income Housing Developers
Legislators in five U.S. states this year will consider laws that create a state tax incentive program for low-income housing developers.
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