This article is part of the Debatable newsletter. You can sign up here to receive it on Tuesdays and Thursdays.
The United States, you might know by now, is in the throes of a housing crisis: Across the country, Americans are running out of affordable places to live.
This was true even before the coronavirus swept the globe, when hundreds of thousands of Americans, if not millions, were homeless, nearly half of renters were cost-burdened, and close to two-thirds said they couldn’t afford to buy a home. And while some hoped last year that the pandemic would transform the nation’s cities into beacons of affordability, it’s a hope that in recent months has proved short lived.
How did housing become so expensive in the United States, and how can the problem be solved? Here’s what people are saying.
A crisis long in the making
As Nicole Friedman explains in The Wall Street Journal, the housing crisis can be understood as a 20-year-old…