The U.S. Needs More Housing Than Almost Anyone Can Imagine
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Summary
In this article, the author examines the housing affordability crisis in big cities in the United States. It highlights the growing gap between household income and the cost of housing, which has made it increasingly difficult for many Americans to find affordable housing options. The article discusses the factors contributing to this gap, including skyrocketing housing prices, stagnant wages, and limited housing supply. It also explores the consequences of the affordability crisis, such as rising levels of homelessness and worsening inequality. The author argues for the need to prioritize affordable housing policies and invest in solutions to address this pressing issue.
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