The Craig Fahle Show

Report: Home Ownership And Rental Prices Out Of Reach For Low Income Citizens

Thursday, June 12, 2014

According to a new report released today by the Homes for All Campaign of Right to the City, "the United States is in a new phase of the housing crisis". The report, Rise of the Renter Nation: Solutions to the Housing Affordability Crisis reveals details on a new phase in the housing crisis -- "from skyrocketing costs to stagnant wages and corporations driving up home prices with speculative investments -- as well as laying out key solutions. As the possibility of homeownership dwindles for many, the rental market is becoming the only option for millions of families, especially for low-income communities of color, making sky-high rents all the more concerning". Craig speaks with Tony Romano, Organizing Director for Right to the City about the details.