Harvard Joint Center for Housing Studies

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REPORTS & PAPERS

The State of the Nation's Housing 2025

The US housing market is shrouded in uncertainty. High home prices and interest rates have pushed sales to their lowest level in 30 years; insurance premiums and property taxes are on the rise; high rents have left record numbers with cost burdens; and devastating wildfires have highlighted the growing dangers of climate disasters. And the increasing likelihood of an economic downturn threatens to deepen these challenges. 

Cumulative Disadvantage in Hispanic Homeownership

This research examines the factors influencing older Hispanic homeowners' capacity to transfer housing equity to the next generation, potentially facilitating homeownership for younger Hispanic households. Key areas of focus include income, debt, wealth, loans, homeownership, housing structure, mortgage interest rates, language proficiency, and health.

Older Adults Struggle to Meet the Dual Burden of Housing and Care

While the majority of older adults will need care and assistance at some point in their lives, services for tasks such as dressing and bathing are affordable to only a very limited number of older adults, particularly after housing and other living costs are paid. This paper used 2021 Genworth cost of care data, the American Community Survey, and the Elder Index, a regional cost-of-living estimate specific to older adults’ budgets, to construct a metro-level estimate of the total cost for housing, other basic living expenses, and one daily visit from a paid home health aide.

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