Press Releases

Homeownership Rates Drop to Historic Lows; Middle Class Feels the Strain of Rising Rents

Cambridge, MA - The fledgling U.S. housing recovery lost momentum last year as homeownership rates continued to fall, single-family construction remained near historic lows, and existing home sales cooled, concludes The State of the Nation’s Housing report released today by the Joint Center for Housing Studies of Harvard University. In contrast, rental markets continued to grow, fueled by another year of large increases in the numbers of renter households.

Christopher E. Herbert to Lead Harvard’s Joint Center for Housing Studies

CAMBRIDGE, MA - Mohsen Mostafavi, Dean of the Harvard Graduate School of Design, and David T. Ellwood, Dean of the Harvard Kennedy School, announced today that Dr. Christopher E. Herbert has been appointed Managing Director of the Harvard Joint Center for Housing Studies, effective January 1, 2015. In making this announcement, the Deans noted that Herbert is a nationally recognized scholar and researcher with great depth of experience in housing analysis and public policy.