Our growing population coupled with high construction and land costs is making homes scare and unaffordable. There is a national shortage of 3.2 million homes, according to Axios and Census data. Redfin says just 16 percent of for-sale homes were affordable for the median income in 2023, down from 40 percent in 2019. Harvard University found that half of all U.S. renters spent at least a third of their income on rent and utilities alone. We need a growing inventory of all housing types at all income…
Council for Quality Growth
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