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Affordable Housing

February 9, 2001 • Volume 11, Issue 5
Is there a serious shortage?
By Jane Tanner

Introduction

Habitat for Humanity volunteers built this house for Cheryl Morgaridge and her four children in Eagle Butte, S.D. (Photo Credit: AP Photo/Carson Walker)
Habitat for Humanity volunteers built this house for Cheryl Morgaridge and her four children in Eagle Butte, S.D. (Photo Credit: AP Photo/Carson Walker)

The long U.S. economic expansion has been a boon for housing. Prosperity has driven the homeownership rate to a record 67.7 percent, putting two-thirds of the country's households into their own homes. By all measures, Americans are better housed than at any time in the country's history. Yet, there's a black lining to this silver cloud: For millions of Americans -- many of them middle-class families -- it is impossible to find decent, affordable shelter. The stock of existing low-cost housing is shrinking rapidly, while production of modestly priced housing is stalled. Meanwhile, wages at the bottom quarter of the earnings scale haven't kept pace with housing inflation. An economic slowdown isn't expected to drastically ease what some call an affordability crisis.

ISSUE TRACKER for Related Reports
Housing
Apr. 05, 2013  Homeless Students
Dec. 14, 2012  Future of Homeownership
Dec. 18, 2009  Housing the Homeless
Nov. 02, 2007  Mortgage CrisisUpdated
Feb. 09, 2001  Affordable Housing
Jan. 06, 1989  Affordable Housing: Is There Enough?
Oct. 30, 1981  Creative Home Financing
Nov. 07, 1980  Housing the Poor
Dec. 21, 1979  Rental Housing Shortage
Nov. 24, 1978  Housing Restoration and Displacement
Apr. 22, 1977  Housing Outlook
Sep. 26, 1973  Housing Credit Crunch
Aug. 06, 1969  Communal Living
Jul. 09, 1969  Private Housing Squeeze
Mar. 04, 1966  Housing for the Poor
Apr. 10, 1963  Changing Housing Climate
Sep. 26, 1956  Prefabricated Housing
Sep. 02, 1949  Cooperative Housing
May 14, 1947  Liquidation of Rent Controls
Dec. 17, 1946  National Housing Emergency, 1946-1947
Mar. 05, 1946  New Types of Housing
Oct. 08, 1941  Rent Control
Aug. 02, 1938  The Future of Home Ownership
Sep. 05, 1934  Building Costs and Home Renovation
Nov. 20, 1933  Federal Home Loans and Housing
Nov. 17, 1931  Housing and Home Ownership
BROWSE RELATED TOPICS:
Low Income and Public Housing
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