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The American Prospect

The American Prospect

We have more of a housing crisis than an inflation crisis, says David Dayen

The American Prospect
Summary
Nutrition label

75% Informative

David Dayen , Robert Cruickshank , Sulma Arias , Ruthy Gourevitch and Tara Raghuveer write symposium on housing.

They say housing has been the one aspect of the Consumer Price Index that has refused to be tamed.

Housing unaffordability of housing will have massive political implications if not turned around, they say.

Yes In My Backyard ( YIMBY ) movement won over the highest levels of the Democratic Party to our solutions for the country’s spiraling housing crisis.

YIMBYs had already been gradually winning the argument in the lower levels of Democratic Party before Obama and Harris came aboard.

Many have to choose between housing and basic necessities like food and health care.

Half of all tenants spend over 30 percent of their income on rent, with more than one-quarter spending over 70 percent .

Evictions are at a historic high, most often impacting Black women and their babies.

Right now in Massachusetts , there are 40,000 apartments ready to be built that haven't yet put shovels in the ground.

VR Score

76

Informative language

74

Neutral language

27

Article tone

informal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

17

https://usafacts.org/articles/population-growth-has-outpaced-home-construction-for-20-years/https://www.fastcompany.com/91198443/housing-market-wall-streets-big-housing-market-bet-has-created-12-new-billionaireshttps://www.motherjones.com/politics/2024/08/democratic-national-convention-obama-harris-housing/https://www.ftc.gov/news-events/news/press-releases/2024/09/ftc-takes-action-against-invitation-homes-deceiving-renters-charging-junk-fees-withholding-securityhttps://www.nytimes.com/interactive/2019/06/18/upshot/cities-across-america-question-single-family-zoning.htmlhttps://www.visualcapitalist.com/us-cities-by-gdp-map/https://www.nytimes.com/2024/07/11/business/economy/lgbtq-moving-cost.htmlhttps://www.latimes.com/opinion/story/2024-03-08/inflation-housing-shortage-economy-cpi-fed-interest-ratehttps://www.nytimes.com/2023/10/02/upshot/evictions-children-american-renters.htmlhttps://www.bostonglobe.com/2024/07/05/business/housing-construction-costs-suffolk-downs-greater-boston/https://www.wsj.com/us-news/record-homeless-united-states-2023-ef86f904https://www.cnbc.com/2024/07/11/heres-why-housing-inflation-is-still-stubbornly-high.htmlhttps://newrepublic.com/article/184005/low-income-housing-tax-credit-enriches-corporations-kamala-harrishttps://www.whitehouse.gov/briefing-room/speeches-remarks/2024/08/16/remarks-by-vice-president-harris-at-a-campaign-event-in-raleigh-nc/https://finance.yahoo.com/news/kamala-harris-solidifies-housing-affordability-as-a-top-political-issue-with-dnc-address-111339951.htmlhttps://www.thebignewsletter.com/p/its-the-land-stupid-how-the-homebuilderhttps://www.bisnow.com/national/news/multifamily/doj-lawsuit-against-realpage-forcing-change-in-how-landlords-price-rents-125982

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