How Severe Is the Housing Shortage? It Depends on How You Define ‘Shortage’

The reality of homelessness, inadequate housing, and the lack of affordable housing is a national disgrace. This reality undermines the life and dignity of so many of our brothers and sisters who lack a decent place to live. It destroys lives and families. The crime of homelessness is not that people live in filthy camps under bridges, or that fami

What matters is that housing shortages may be the biggest problem facing our era, and solving it needs to become everyone’s highest priority.

So the obvious effect of expensive housing is that people often spend a lot of their money on renting or buying their home, leaving them with less money to spend on other things, especially if they live in and around the Western world’s most wealthy cities. And the problem is getting worse.