San Francisco and other large American cities are facing a massive housing affordability problem, with rents spiraling beyond the reach of ordinary people. A fascinating article from the Financial Times argues that Japan may have found a solution to the problem.
Over the next decade, the city's demographics will change dramatically, and housing policy will largely determine who gets to stay. For us to continue writing great stories, we need to display ads. Please select the extension that is blocking ads. Please follow the steps below
The small community of Brisbane, Calif., just south of San Francisco, has a rare opportunity that advocates argue could help ease the region's massive housing crisis. The town is home to a 684-acre plot of former industrial land.
The need for affordable housing in the U.S. is indisputable, with one in four Americans spending more than 50% of their pre-tax income on housing. Habitat for Humanity's Jimmy & Rosalynn Carter Work Project, which began in 1984, helps raise awareness of the critical need for decent and affordable housing.
A real estate developer wanted to increase affordable housing in Denver, trying to make fiscal sense out of a plan to build rental apartments for people making only 30 percent of the area's median income-the kind of housing America desperately needs.
There is not enough affordable housing in the United States. For every 100 extremely low income households, there are only 29 adequate, affordable, and available rental units. That means two parents who both work minimum-wage jobs might wait years to find a safe, affordable place to live with their two kids.