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Blog, Interactives

Home Price-to-Income Ratio Reaches Record High

Alexander Hermann, Peyton Whitney • January 22, 2024

In 2022, the median sale price for a single-family home in the US was 5.6 times higher than the median household income, higher than at any point on record dating back to the…
Working Papers

Renters’ Responses to Financial Stress During the Pandemic

Whitney Airgood-Obrycki, Ben Demers, Solomon Greene, Chris Herbert, Alexander Hermann, David Luberoff, Sophia Wedeen • April 8, 2021

The COVID pandemic has had a particularly large impact on the financial well-being of renters in the US, and over the past year millions have struggled to pay rent. While…
Working Papers

The Rent Eats First: Rental Housing Unaffordability in the US

Whitney Airgood-Obrycki, Alexander Hermann, Sophia Wedeen • January 13, 2021

Even before the COVID-19 pandemic, renters in the United States were facing a housing affordability crisis. Nearly a quarter of renter households were spending more than half…