Why Are Houses Unaffordable in America? The Housing Crisis Explained

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Like most of the developed world, the US is current going through a housing crisis, with many unable to afford the rising prices. In this video, we break down why the crisis is so bad, what actually caused it and whether there's any potential solutions.

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1 - https://www.ft.com/content/1f34164b-b242-4d06-9dd3-5ede6e3c7c3d
2 - https://upforgrowth.org/apply-the-vision/housing-underproduction/
3 - http://www.demographia.com/dhi.pdf
4 - https://upforgrowth.org/apply-the-vision/housing-underproduction/
5 - https://upforgrowth.org/apply-the-vision/housing-underproduction/
6 - https://www.nber.org/system/files/working_papers/w23609/w23609.pdf
7 - https://upforgrowth.org/apply-the-vision/housing-underproduction/
8 - https://newsilver.com/the-lender/millennial-home-buying-statistics/
9 - https://upforgrowth.org/apply-the-vision/housing-underproduction/
10 - https://www.energy.gov/eere/vehicles/articles/fotw-1177-march-15-2021-preliminary-data-show-average-fuel-economy-new-light
11 - https://shrinkthatfootprint.com/calculate-your-driving-emissions/
12 - https://pubs.aeaweb.org/doi/pdfplus/10.1257/mac.20170388
13 - https://www.nytimes.com/2022/07/14/upshot/housing-shortage-us.html
14 - https://www.bloomberg.com/news/features/2022-11-19/europe-is-reducing-christmas-lighting-to-save-energy
15 - https://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2022/07/22/investors-bought-a-quarter-of-homes-sold-last-year-driving-up-rents
16 - https://fred.stlouisfed.org/series/RHORUSQ156N
17 - https://fred.stlouisfed.org/series/UNDCONTSA
18 - https://www.whitehouse.gov/briefing-room/statements-releases/2022/05/16/president-biden-announces-new-actions-to-ease-the-burden-of-housing-costs/
19 - https://www.nytimes.com/2022/07/14/upshot/housing-shortage-us.html
20 - https://www.schatz.senate.gov/news/press-releases/schatz-braun-introduce-bipartisan-bill-to-build-more-affordable-housing-address-americas-growing-housing-crisis

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