Affordable rental housing is scarce in the US, especially among low income people, finds a new report by the Bipartisan Policy Center. As "the housing demand of Baby Boomers and their children starts to converge," the problem will only get worse.
The Bipartisan Policy Center has released a report on how to fend off the growing housing crisis in the United States. The report provides details about the availability of rental housing by income bracket, reports Emily Badger.
According to the Census Bureau, 35 percent of American households are renters, and that percentage is going to increase as the economy gets back on track and the population ages. Among extremely low-income people (those making less than $10,000 a year), only 35 percent have access to affordable rental housing. "Now, as rents continue to rise faster than incomes throughout the economy," adds Badger, "it will be as important for cities to focus on housing these residents as those professionals for whom 'affordability' means something quite different."
Although affordable rental housing becomes more readily available for higher incomes, according to a Cities report from last year, renting is more expensive than home ownership in the majority of America's 100 biggest cities.
FULL STORY: The U.S. Simply Doesn't Have Enough Available Rental Housing, Whether You're Rich or Poor
As Luxury Rents Drop, Low-Income Tenants Pay More
With increasing pressure on the nation's supply of affordable housing, low- and middle-income renters are seeing their rents go up while higher-quality apartments drop prices to lure back remote workers.
New California Bond Program Promotes Affordability for Middle-Income Renters
The California Statewide Communities Development Authority hopes that a new program, which helps cities purchase rental properties with no upfront cost, will lead to an increase in affordable middle-income housing.
Report: No City or State in the U.S. Has Enough Housing for Low-Income Residents
"The Gap: A Shortage of Affordable Rental Homes" illustrates the depth of the nation's rental housing affordability crisis.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
Delivering for America Plan Will Downgrade Mail Service in at Least 49.5 Percent of Zip Codes
Republican and Democrat lawmakers criticize the plan for its disproportionate negative impact on rural communities.
Test News Post 1
This is a summary
Test News Headline 46
Test for the image on the front page.
Balancing Bombs and Butterflies: How the National Guard Protects a Rare Species
The National Guard at Fort Indiantown Gap uses GIS technology and land management strategies to balance military training with conservation efforts, ensuring the survival of the rare eastern regal fritillary butterfly.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
EMC Planning Group, Inc.
Planetizen
Planetizen
Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service