Climbing rents in recent years propelled US cost burdens to staggering new heights: in 2022, half of all US renters were cost burdened. This all-time high of 22.4 million renter households spent more than 30 percent of their income on rent and utilities and was an increase of 2 million households in just three years. Among those renters, 12.1 million had severe cost burdens, paying over half of their income for housing, also an all-time high. And while rental markets are finally cooling, evictions have risen, the country is seeing the highest homelessness counts on record, and the need for rental assistance is greater than ever. Additionally, the aging rental stock requires significant investment to address structural inadequacies, inaccessibility, and climate risks.
Join us for release of our new America's Rental Housing 2024 report, featuring:
KeynoteNeera Tanden, Director, Domestic Policy Council, The White House
Report Presentation:Whitney Airgood-Obrycki, Senior Research Associate, Harvard Joint Center for Housing Studies
Panel Discussion:Robbie Sequeira, Staff Writer, Stateline (Moderator)Peter Cannava, Head of Multifamily Capital, Wells FargoEthan Handelman, Deputy Assistant Secretary for Multifamily, US Department of Housing and Urban DevelopmentChris Herbert, Managing Director, Harvard Joint Center for Housing StudiesJacqueline Waggoner, President, Solutions Division, Enterprise Community Partners
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Harvard Joint Center for Housing Studies