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America is staring down the barrel of its long term housing issues. Now, there are added complications and divisions created over the last few years. On this episode of Us & Them, host Trey Kay looks at the outcome of the country’s housing shortage. While rent increases have slowed, nationally, costs are still well above where they were pre-COVID. If you’re trying to buy a house, mortgage rate hikes make it prohibitively expensive for many. These days, emergency pandemic relief programs are mostly gone and temporary moratoriums on foreclosures have expired. Plus, American wages haven’t kept up with inflation. Add the two together…and you get a set of housing hurdles many people simply cannot afford.
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America is staring down the barrel of its long term housing issues. Now, there are added complications and divisions created over the last few years. On this episode of Us & Them, host Trey Kay looks at the outcome of the country’s housing shortage. While rent increases have slowed, nationally, costs are still well above where they were pre-COVID. If you’re trying to buy a house, mortgage rate hikes make it prohibitively expensive for many. These days, emergency pandemic relief programs are mostly gone and temporary moratoriums on foreclosures have expired. Plus, American wages haven’t kept up with inflation. Add the two together…and you get a set of housing hurdles many people simply cannot afford.
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