What is Causing the Affordability Crisis with Housing in America?
The affordability crisis in the housing market is a complex issue with multiple causes and potential solutions. Contrary to popular opinion, REALTORS® are NOT the culprits, many factors like supply and demand, local government control, inflation, and federal policies play significant roles.
Solutions involve engaging with elected officials, advocating for diverse housing options, reducing regulatory hurdles, and promoting flexible home ownership rules.
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00:00 What is causing the affordability crisis with housing in America?
02:48 Who controls the housing supply?
03:11 Why is it important to elect officials knowledgeable about the housing market?
11:44 What are some factors contributing to the rising cost of rent?
13:48 How does rent control or rent caps affect the cost of housing?
15:13 How can individuals address the affordability crisis in housing?
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