An article in The Washington Post uses data from Zillow to explain that rent increases are slowing nationally, although the trend is being driven primarily by falling prices for high-end rentals and not for housing that is affordable to low- and moderate-income people. In many metro areas, such as Los Angeles and Miami, rents have risen for both low-income and higher-income renters. However, in other major cities, including San Francisco and Washington, DC, rents have fallen for the highest earners while increasing for the poorest renters. City officials have responded to these rent increases with a range of policy measures, such as reforming zoning codes, creating new tools for financing affordable housing and mandating the inclusion of affordable units in new developments. However, advocates argue that the federal government needs to take more direct action to increase affordable housing construction and provide greater rental assistance to low-income families.
The Washington Post Looks at National Trends in Rental Costs
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing
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