For most of us, the start of a new month means paying the biggest chunk of our personal budgets: rent or mortgage payments. These costs are getting out of control, and there’s a simple reason why: America isn’t building enough homes to keep up with the number of people who need them.
It’s not just a townhouse here or a condo building there; the U.S. is short 4 million homes. This is affecting large, small, urban, rural, and suburban communities alike.
We’re especially missing the starter homes that have for generations offered a way for families to build wealth and get into (and stay in) the middle class. This is crushing the dreams of the one-third of Americans who tell pollsters they feel hopeless about ever owning a home, and contributing to the hundreds of thousands experiencing homelessness.
But not all hope is lost. The commonsense majority supports pro-housing solutions – which No Labels has laid out in our Common Sense policy booklet – that’ll make a dent in the problem. That includes tax credits and financing for new homes, particularly in distressed urban and rural areas.
You can find these solutions at CommonSenseMajority.org, and let me know what you think in the poll below.
Do you believe that the next president should prioritize housing affordability and availability?