80 percent of Americans cite housing affordability as a growing national crisis

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World Property Journal

According to a new nationwide survey conducted by Morning Consult on behalf of the National Association of Home Builders, 80 percent of American households believe the nation is suffering a housing affordability crisis and at least 75 percent report this is a problem at the state and local level as well.

“Housing affordability is near a 10-year low and this poll confirms the challenges hard-working families face to keep housing within reach as rising costs continue to outpace wage growth,” said Greg Ugalde, NAHB chairman. “Policymakers must roll back inefficient zoning rules, costly impact fees and outmoded land development regulations that are driving up housing costs, contributing to the mounting lack of affordable housing and hurting middle- and low-income households.”

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