Housing
Expanding Housing Supply and Lowering Costs
Every American deserves a place to live that they can afford. But for decades, the United States has not built enough housing to meet demand. Housing costs continue to rise faster than family incomes in many areas of the country, while regulatory barriers and limited innovation slow the pace and raise the cost of home construction and renovation.
Bold reforms are necessary to increase supply and reduce costs for families, workers, seniors, and the middle class. The good news is that state and local governments across the country are increasingly taking creative steps to encourage more homebuilding and affordability.
Why Housing Costs Keep Rising and How We Fix It
Across the U.S., families are feeling the squeeze of rising housing prices. Since 2020, rent prices are up, home prices have jumped 47%, and more than 22 million households are spending over 30% of their income on housing. In this video, we break down the real reasons behind the affordability squeeze and explore what can be done to fix it.
