[OPINION] Mortgage Bankers Association to the next president: Here are 3 ideas to save the housing market

David Stevens
David Stevens

‘We are in a housing crisis’

By David Stevens | HousingWire

(Editor’s note: Opinion pieces are published for discussions purposes only.)

We are in a housing crisis. This statement is not meant to invoke a sense of shock; it’s simply an expression of fact.

Today, more than 11 million households, a record, spend more than 50% of their income just on rent. Some 21 million households, another record, pay in excess of 30%.

With such high rent burdens, many of these families struggle to pay for necessities like medical care and nutritious food.


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