Home prices rose at an unprecedented pace in the aftermath of the COVID-19 pandemic as interest rates fell to record lows, the large cohort of millennials aged increasingly…
Alexander Hermann, Whitney Airgood-Obrycki
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February 7, 2024
However defined, rural areas in the US face significant and unique economic and housing challenges. Yet there is no standard definition of rural used in federal policy and no…
Chris Herbert, Alexander Hermann, Daniel McCue, Chadwick Reed
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January 23, 2024
Manufactured housing holds promise as an affordable form of housing that could expand homeownership opportunities for low- and moderate-income households. This report reviews…
Alexander Hermann, Sophia Wedeen, Whitney Airgood-Obrycki, Chris Herbert
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January 25, 2023
Using restricted-access data from the US Census Bureau’s Household Pulse Survey containing detailed geographic information about where respondents live, this paper assesses…
Whitney Airgood-Obrycki, Alexander Hermann, Sophia Wedeen
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February 12, 2022
The United States is in a housing affordability crisis, with nearly half of all renter households spending more than 30% of their incomes on rent and utilities each month.…
Whitney Airgood-Obrycki, Chris Herbert, Alexander Hermann, Sophia Wedeen
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January 27, 2022
As has been well documented, the financial impact of the pandemic has disproportionally impacted renters, leading to high shares who have fallen behind on rent. Less well…
Whitney Airgood-Obrycki, Ben Demers, Solomon Greene, Chris Herbert, Alexander Hermann, David Luberoff, Sophia Wedeen
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April 8, 2021
The COVID pandemic has had a particularly large impact on the financial well-being of renters in the US, and over the past year millions have struggled to pay rent. While…
Whitney Airgood-Obrycki, Alexander Hermann, Sophia Wedeen
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January 13, 2021
Even before the COVID-19 pandemic, renters in the United States were facing a housing affordability crisis. Nearly a quarter of renter households were spending more than half…
Alexander Hermann, Chris Herbert, Jennifer Molinsky
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February 10, 2020
Over the last few decades the share of older homeowners (age 62 and older) with mortgage debt has doubled, while the typical amount of outstanding debt relative to home…
Elizabeth La Jeunesse, Alexander Hermann, Daniel McCue, Jonathan Spader
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September 17, 2019
Housing affordability has been a growing concern across the US over the past three decades. Indeed, between 1990 and 2017, the number of units renting for under $600…