The Impact of the Historic Lack of Affordable Housing on the Upcoming Election

Root Causes of the Crisis

Casey Dawkins, professor of urban studies, highlighted the significant role of plummeting housing production and rising income inequality in exacerbating high housing prices.

Potential Solutions and Policy Initiatives

• Biden Administration: Proposed measures include expanding tax credits, down payment assistance, and funding for first-time homebuyers.
• Congressional Efforts: Notable bipartisan proposals targeting housing affordability that are under consideration.

Call for National Action

In the face of escalating housing prices and supply shortages, experts underscore the urgency of a comprehensive national response to tackle the affordable housing crisis.