The Market Alone Can’t Fix the U.S. Housing Crisis
==========
The U.S. housing crisis is exacerbated by high rents and mortgage rates; tens of millions spend over 30% of income on housing; Vice President Kamala Harris announced a goal to build 3 million new housing units on August 2024; the Biden-Harris administration plans to cap rent increases at 5% for large landlords; RealPage's collusion with landlords has led to significant rent hikes; antitrust enforcement is necessary to combat landlord market power; liberalizing zoning rules alone won't solve the crisis; public governance and direct housing provision are essential; social housing can provide affordable options and pressure private landlords to improve standards.
#HousingCrisis #PublicPolicy #AffordableHousing #Antitrust #ZoningReform #Realpage #KamalaHarris #BidenAdministration #Landlords #SocialHousing
https://hbr.org/2024/09/the-market-alone-cant-fix-the-u-s-housing-crisis
HBR.org Daily /
npub182…utc0m
2024-09-12 12:55:24
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npub182l3m3flp4zph5yf7a6q7jem3dj7pjr6cx0xpqhu9st9wm54fk5s8utc0mPublished at
2024-09-12 12:55:24Event JSON
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"content": "The Market Alone Can’t Fix the U.S. Housing Crisis\n==========\n\nThe U.S. housing crisis is exacerbated by high rents and mortgage rates; tens of millions spend over 30% of income on housing; Vice President Kamala Harris announced a goal to build 3 million new housing units on August 2024; the Biden-Harris administration plans to cap rent increases at 5% for large landlords; RealPage's collusion with landlords has led to significant rent hikes; antitrust enforcement is necessary to combat landlord market power; liberalizing zoning rules alone won't solve the crisis; public governance and direct housing provision are essential; social housing can provide affordable options and pressure private landlords to improve standards.\n\n#HousingCrisis #PublicPolicy #AffordableHousing #Antitrust #ZoningReform #Realpage #KamalaHarris #BidenAdministration #Landlords #SocialHousing\n\nhttps://hbr.org/2024/09/the-market-alone-cant-fix-the-u-s-housing-crisis",
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