Nowhere to Live: Profits, Disinvestment, and the American Housing Crisis

Chris Herbert

For over 30 years, our Center has published its annual State of the Nation’s Housing report, which provides a comprehensive review of trends and drivers of housing market conditions. In July 2022, Dr. Herbert was honored to share findings from this year’s report at a congressional Ways & Means Committee hearing, Nowhere to Live: Profits, Disinvestment, and the American Housing Crisis. In his testimony, he discussed today’s housing market conditions, how we got here, the consequences for the nation’s families and individuals, and what steps are needed to alleviate the country’s worsening housing affordability challenges.