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The Philadelphia Inquirer
Alex Schwartz and Kirk McClure, The Conversation
The problem isn’t the supply of housing; it’s that millions of people lack the income to afford what’s on the market.
Even before 2020, the United States faced an acute housing affordability crisis.
While eviction bans forestalled mass homelessness — and emergency rental assistance has helped some — most moratoriums have now been lifted, putting a lot of people at risk of losing their homes.
Covering the difference between what these renters can afford and the actual cost of the housing, then, is the only solution for the nearly 9 million low-income households that spend at least half their income on rent.