Rental Housing and Home Ownership

Here is a video that I recently came across that articulates some key factors we need to consider in housing policy. There is an obvious disconnect between supply and demand in rental housing that will finally have to be addressed...and hopefully we can have a constructive dialogue to approach this dilemma in a thoughtful manner.

April 24, 2008 —
"Despite the fact that one-third of all Americans—representing 36 million households—live in rental housing, rental policy often takes a back seat to home-ownership policy in Washington. To ensure that low- and moderate-income Americans can afford rental housing, Bruce Katz says that the next president needs to help supplement incomes through tax credits, empower local governments to expand and preserve the supply of affordable housing and deal with the subprime mortgage crisis."


I appreciate Bruce Katz' approach and his thoughts on "empowering local government to innovate."

Thanks to Brookings for the information.