How to Achieve Housing for All

How to Achieve Housing for All

More than ten years on from the crisis of 2008, America still has a housing problem. Too many people are renting, and too many people are homeless. It’s not a question that is easy to answer and it won’t be solved overnight, but there are things that can be done to alleviate the problem. 

Construction

First of all, there are ways to reduce the costs of construction, both through subsidies and through construction methods like modular construction PA or your area. Savings here can be passed along to investors and buyers down the line. 

Equitable Funding

One way to make housing more readily available is by addressing historical inequalities. Redlining practices mean that a home’s real value is not always reflected in the mortgage banks offer. It affects housing prices but more importantly, it affects an individual’s ability to buy. Addressing some of this inequality will help address housing inequality as well. 

Reduce Income Inequality

When you’re addressing redlining and other unfair lending practices, you can’t ignore income inequality. The middle class in America has been steadily shrinking for some time, and any effort to make Americans better able to buy homes must address the ever-increasing gap between rich and poor. After all, you can’t buy a house or even pay rent if you don’t have the money to do so. Wages must go up for lower and middle-income families before you will see any significant change on that front. 

Whose Responsibility?

Housing is a big problem that can’t be solved by individual action. Rules about construction are generally set at the local level, so that is where efforts to change zoning and make more housing available must start. Larger questions of mortgage rates, redlining practices and income inequality will have to be addressed at a federal level as well. The likelihood is that it will take a concerted effort at all levels of government to change things, and it cannot be achieved without support. If America wants to solve the housing problem, America will need to work together, no matter the level of government or political affiliation. 

It’s not something that can be solved simply or quickly, but it is a problem that can be solved. More importantly, it must be solved. It is a problem that will only continue to worsen the longer it is left unaddressed. Ask your representatives, Democrat or Republican, both at the federal and local levels, what they are doing to alleviate the housing crisis in America. 

Jackson Peters

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