How We Went From an Affordable Housing Surplus to Shortage
By Christian Clansky , from The Daily WRAG
Most people probably wouldn’t call the 1970s “the good old days.” But in 1970, there was actually too much affordable housing available. So, what happened to cause such a massive shortage today? The Center for American Progress just published a new report on the subject (Atlantic, 12/6):
| “In part, what’s happened is that families who used to be middle-class are increasingly looking for cheaper affordable rental housing, crowding out the most low-income from the units they have the best chance of affording. Housing aid also hasn’t kept pace with the size of the population that needs it. Today, only one in four households eligible for a rental subsidy is able to get one.” |
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