Why Is Affordable Housing A Problem?

Why Is Affordable Housing A Problem? Increasing access to affordable housing bolsters economic growth. Research shows that the shortage of affordable housing costs the American economy about $2 trillion a year in lower wages and productivity. … This would have led to a $1.7 trillion increase in income, or $8,775 in additional wages per worker.

What Are Advantages And Disadvantages Of Housing?

What Are Advantages And Disadvantages Of Housing? Own Or Rent Advantages Disadvantages Renting Lower housing costs Shorter-term commitment No/minimal maintenance and repair costs No tax incentives No fixed housing costs No building of equity What are the disadvantages and advantages of owning a home? Pro Con Buyer builds equity in the home Requires upfront costs