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housing shortageFortune
•83% Informative
Between 2000 and 2020 , the U.S. had a surplus of 3.3 million homes from 2000 to 2020 .
The study examined how fast the housing stock grew between the first two decades of the 2000s and compared it with the number of new households formed during that time period.
The researchers found a shortage of housing that low- and very low-income families could afford.
McClure and Schwartz recommend offering more Section 8 housing choice vouchers that subsidize rent payments.
Cities and towns should look to build “a wider array of housing types,” according to Schwartz .
New housing developments often raise the fears of gentrification; that existing residents will get priced out of ritzy new apartments in formerly affordable neighborhoods.
VR Score
86
Informative language
86
Neutral language
42
Article tone
informal
Language
English
Language complexity
45
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
11
Source diversity
9
Affiliate links
no affiliate links