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Analysis of Housing Affordability in the United States 2022

Team Members

Michael Nguyen, Jacob Skrzypiec, Rons Wilson

Abstract

The focus of this study was to determine housing affordability for middle-income Americans in four U.S. cities: New York, Miami, Dallas, and Los Angeles. Housing affordability is an important factor for wider economic health and analyzing how the COVID-19 pandemic and government policies complement the extensive literature that already exists. Findings concluded that housing prices have continued to rise despite wages being stagnant for 40 years, that local zoning laws have drastically hampered housing supply, and that low interest rates have increased unsustainable mortgage rates. The research conducted can help drive policy in government and private institutions.

Analysis of Housing Affordability in the United States 2022 - Executive Summary Video

Analysis of Housing Affordability in the United States 2022 Video

Poster

Poster showing a summary of the project research findings

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