Sen. Warren goes after housing affordability

Mitchell Hartman Oct 3, 2018
HTML EMBED:
COPY
A worker carries lumber while building a new home in Petaluma, California. Justin Sullivan/Getty Images

Sen. Warren goes after housing affordability

Mitchell Hartman Oct 3, 2018
A worker carries lumber while building a new home in Petaluma, California. Justin Sullivan/Getty Images
HTML EMBED:
COPY

We keep hearing about an affordability crisis in housing. Home prices and rents are going up, while wages aren’t keeping pace. Add to that the shortage of homes for sale because builders aren’t building enough and current homeowners aren’t putting their homes on the market. Sen. Elizabeth Warren (D-Mass.) recently introduced legislation to address the dearth of affordable housing. Warren’s bill would pump $50 billion a year into affordable home and apartment construction through local housing agencies and nonprofit developers.

Click the audio player above to hear the full story. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.