Since 1997, home price gains have exceeded income gains in 48 of the 50 largest metropolitan areas.
"The State of the Nation's Housing, 2003" is released by the Joint Centerfor Housing Studies of Harvard University. This report uses statistics and trends to describe the current state of housing in the US. It includes income and housing costs, median netwealth of owner and renter households, lowest-income households by cost burdens, tenure choices of recent movers, median net wealth andhomeownership rates by age and race/ethnicity, home prices by region and metropolitan area, and more. [Editor's note: The link below is to a PDF document.]
Thanks to Paul Tepper, Weingart Center
FULL STORY: The State of the Nation's Housing, 2003
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
How California Transit Agencies are Addressing Rider Harassment
Safety and harassment are commonly cited reasons passengers, particularly women and girls, avoid public transit.
Significant Investments Needed to Protect LA County Residents From Climate Hazards
A new study estimates that LA County must invest billions of dollars before 2040 to protect residents from extreme heat, increasing precipitation, worsening wildfires, rising sea levels, and climate-induced public health threats.
Federal Rule Raises Cost for Oil and Gas Extraction on Public Lands
An update to federal regulations raises minimum bonding to limit orphaned wells and ensure cleanup costs are covered — but it still may not be enough to mitigate the damages caused by oil and gas drilling.
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