A Quarter of U.S. Homes Cost Under $200,000. Why Can’t Working Families Buy Them?
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America is short an estimated 1.5 to 4 million homes. Much of the national conversation about how to fix the housing supply crisis focuses on building more homes. Building more homes is crucial, but there’s another solution to the housing shortage hiding in plain sight, and it's faster, cheaper, and greener than new construction.
Please join us for an online event on Monday, March 2 at 1:00pm ET focused on the 25 percent of owner-occupied homes in the United States—that is 22 million homes—that cost less than $200,000. These homes are an important source of housing for working families, yet mortgage and repair financing failures have functionally locked these homes out of reach for millions. Unlocking access to these homes is a powerful way to increase the supply of homes available for purchase today, even as we build more homes for tomorrow.
Join us to discuss barriers to securing mortgages and repairs that put existing affordable homes out of reach for millions of Americans, and what can be done about it.
Speakers:
- Anjulie Rao, Journalist, Dwell Magazine
- Yuliya Panfil, Senior Fellow and Director, Future of Land and Housing, New America
- Sabiha Zainulbhai, Deputy Director, Future of Land and Housing, New America