New Housing Report Available
The Joint Center for Housing Studies at Harvard University has released a comprehensive new report, “The State of the Nation’s Housing, 2022,” and it is available to download for free at this link.
The Harvard Joint Center advances understanding of housing issues and informs policy through research, education and public outreach programs, as well as training and inspiring the next generation of housing leaders.
The Report’s Executive Summary says:
After a record-shattering year in 2021, the housing market is at an inflection point. Higher interest rates have already taken some heat out of the homebuying market, and the large number of apartments under construction should bring some relief on the rental side. For lower-income households and households of color, though, the pressure of high housing costs is unlikely to relent. The surge in the prices of gas, food, and other necessities has made matters worse, especially now that most emergency government supports have ended. The housing stock itself is in dire need of investment to meet the demands of a rapidly aging population and the threats posed by climate change.
Download the report at this link.