The Housing Crisis Conversation Veils a Broader Poverty Problem
Norbert Michel In the aftermath of the Covid-19 pandemic and government shutdowns, the United States experienced an abnormally high rate of inflation. As prices took off, so did interest rates, and the cost of housing rose rapidly, with the median home price increasing almost $100,000. , Many potential homebuyers were—and still are—extremely upset. It’s also no surprise that politicians latched on to this issue, offering various proposals to deal with what many call an affordable housing crisis. But […]