Cost, crowding, or commuting? Housing stress on the middle class

Over the past decade, housing costs in the U.S. have risen faster than average incomes. While housing affordability has long been a problem for low-income families, middle-income families are increasingly facing affordability challenges, especially in urban areas with strong labor markets. When housing costs rise, households can respond by adjusting their consumption; for instance, living … Continue reading Cost, crowding, or commuting? Housing stress on the middle class