Perceptions of Housing Affordability Worsen
In the final quarter of 2019, a series-high of 82% of prospective buyers could afford less than half the homes available in their markets. The share went on to decline throughout 2020 (i.e. affordability perceptions improved), reaching 63% by the final quarter of that year. But affordability expectations have worsened recently — in every region of the United States.
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Americans Deserve a Choice
“Missing Middle” of Housing
Providing a range of housing types is key to increase the supply of housing at various price points.
Rent control policies limit supply and do not address the underlying issues of housing affordability.
Building codes ensure safe homes. But many codes proposed today are done so without regard to cost to home buyers.
What You Need to Know
Creating Housing for All Toolkit
Everyone wants a home they can afford that meets their unique needs. Implementing these strategies can help make that happen.
Housing Opportunity Index
This quarterly measure of area-specific housing affordability is based on home sales and median family income.
The Public Weighs In
Vast majority of Americans say housing affordability is at a crisis point.