This series from Lee Enterprises observes the troubling housing market in the West. Explore the issues that are fueling the housing crisis and how towns and cities can remedy the situation.
ABOUT THIS SERIES: Across the West, costs associated with renting or buying property have skyrocketed, forcing individuals and families to make tough decisions about what home looks like in a volatile market. The median asking price for rent in the U.S. recently exceeded $2,000 for the first time ever, and the cost of buying a home has spiked as much as 25% in some cities in just the past year.
They're competing against cash-laden investors who don't need mortgages and finding fewer new homes to choose from as homebuilders ease off on new construction. SOLUTIONS: How to solve the affordable-housing crisis For Star subscribers: Communities seem have three choices: grow wider, grow taller or stop growing.
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