In the Media

“This is like nothing that we’ve seen,” said Whitney Airgood-Obrycki, the study’s lead author, pointing to the rising number of households who are cost-burdened - or spend more than 30% of their income on housing.

According to a new report from the Joint Center for Housing Studies of Harvard University, there's been a significant increase in middle-income renters who pay more than 30 percent of their income for housing.

Almost half of the renters in US spend more than 30 percent of income on housing, report shows, part of a global trend.

Cities and states across the country are proposing new upzoning laws to combat the housing crisis. Will they work?

Americans struggle to find affordable rental housing nationwide — not just in expensive, coastal cities. “Everybody’s feeling the pinch,” said Chris Herbert, managing director of the Joint Center for Housing Studies of Harvard University.

A widespread shortage of affordable units and a sharp rise in housing costs have radically shifted housing policy discussion over the last decade: the Joint Center for Housing Studies has found that cost burdens have moved up the income scale, with 4 million units of low-rent housing stock lost nationwide.

Chris Herbert, speaking at the Salt Lake Board of Realtors annual housing forecast, said a lot of what is happening in Utah is happening nationwide. But in some ways, the trends are accelerated here.

Repair and renovation spending is predicted to rise only 1.5% in 2020, with growth particularly slow in the first half of the year. In recent years, the average rate of renovation spending was 5% to 7% growth, according to the Joint Center for Housing Studies of Harvard University’s Leading Indicator for Remodeling Activity.

A decline in the home repair and remodeling market that began in the first quarter of 2019 is projected to end with the third quarter of this year, according to researchers at Harvard University's Joint Center for Housing Studies.

Over the past 70 years housing has undergone a remarkable transformation. The Joint Center for Housing Studies of Harvard University finds that the median American rent payment rose 61% in real terms between 1960 and 2016 while the median renter’s income grew by 5%.