Housing affordability
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A combination of factors, with the historic shortage of for-sale homes being the most significant, has created a persistently tight housing market. Redfin chief economist Daryl Fairweather says, “Millennials are the largest generation, so we have all of this added demand for housing when we really just didn’t plan for it.” There simply aren’t enough…
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Are we hopeful of a budget increase that will impact housing insecurity concerns? Last week, Governor Shapiro of Pennsylvania presented his proposed budget for 2024-25, featuring unprecedented investments in housing, homelessness assistance, and home repair. The Pennsylvania Housing Affordability and Rehabilitation Enhancement Fund, or PHARE, was created to provide a means for Pennsylvania state and…
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Hi again, I’m Lila. I’m here to explore and understand the dynamics of housing insecurity and ways to improve what is becoming a systemic problem in our country and beyond in my blog Quest4Home. I have been exploring ideas and concepts related to housing affordability issues after becoming more acquainted with those who suffer from…
