...........takes a look at the housing affordability crisis:
It won’t make you feel any better as a young person in the U.S. to know that it’s even harder for people to afford homes in other countries around the globe.
But these numbers help put things into perspective that things can always get worse.
If the government doesn’t make this a priority the housing affordability crisis likely will get worse in the coming years.
Editor's Note: The only thing the government can do to relieve the housing affordability crisis is to remove many of the regulatory barriers to new development. At the end of the day, supply versus demand still rules. If it were easier to build new housing, more housing would be built. Once supply exceeds demand, or even matches it, prices will moderate. Any attempt to subsidize home buyers or tenants, will only cause prices to keep increasing. Trust me on this.
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