The Nation's Serious Housing Crisis

Neal Peirce draws attention to the nation's housing crisis.

1 minute read

July 26, 2002, 9:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

"Working full-time no longer guarantees access to decent housing. About 28 million Americans spend more than 30 percent of their income on housing. Homeownership for blacks and Hispanics lags 27 percent behind the national average...Look ahead and prospects for housing affordability seem even dimmer... Even if we could somehow justify sprawl as an inevitable American phenomenon, we know the American Dream is in peril of turning sour when growing millions of us can't afford decent shelter--even with a full-time job. Or if they own a home, face defaults and foreclosures for lack of ability to pay."

Thanks to Abhijeet Chavan

FULL STORY: Housing: Back in the limelight

Sunday, July 7, 2002 in The Washington Post Writers Group

Housing United States

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