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Thoughts on America's Affordable Housing Shortage

Posted by: Nate Berg

30 December 2007 - 11:00am

This report from NPR looks at the shortage of affordable housing in America.

"With nearly half of the country's lowest-income families at risk of homelessness, the nation faces an affordable housing crisis. Xavier de Souza Briggs and Lawrence J. Vale, professors at Massachusetts Institute of Technology, discuss why the availability of affordable housing is decreasing and explain the drawbacks of — and advantages to — mixed-income housing projects."

Full Story: America's Affordable Housing Crisis
Source: NPR, December 26, 2007
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“
The decision to abandon a property is a symptom of the loss of confidence. And while abandonment certainly affects confidence among surrounding homeowners, the most important question to answer is not "how do we deal with abandoned properties?" but "what is the most cost-effective way to restore market confidence, and how do abandoned properties fit into that picture?"
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