Housing Cost Crisis examines the escalating housing affordability crisis and its profound effects on family well-being and economic stability. It argues that rising housing costs pose a significant threat to social equity, limiting economic mobility and healthy communities. The book highlights how families are forced to make difficult trade-offs between housing, education, and healthcare, with low-income and minority families disproportionately affected by housing insecurity.
The book progresses through three sections, first establishing the scope of the problem with historical trends in housing prices and wage stagnation. It then explores the impact on family choices, using economic studies and case studies to illustrate real-life struggles. Finally, the analysis turns to political and policy dimensions, examining zoning laws, tax policies, and government subsidies, incorporating political science research to assess policy effectiveness.
The book uniquely integrates economic analysis with a focus on family well-being, offering a data-driven and research-backed perspective valuable for policymakers, academics, and concerned citizens.
