Advancements in production knowledge and manufacturing skills should make housing more affordable over time

Overview Debates Related claims Topics

In the United States, 40% of homes are fully paid off with no mortgage

The average mortgage rate for U.S. homeowners is below 4% due to fixed-rate loans

Essential goods and services such as health insurance, childcare, education, and housing have become unambiguously more expensive.

The median age for a first-time homebuyer in the millennial cohort has surpassed 40 years old.

As more women entered the labor force, the additional household income was eventually capitalized into higher home prices.

In a recent year, the median age of a home buyer in the U.S. was 56.

A Swedish economist stated that rent control is more effective at destroying a city than carpet bombing

The 2019 New York rent law also made it more difficult for landlords to evict tenants

Sia Weaver, an advisor to New York City's mayor, was a leading tenant organizer who advocated fighting capitalism by fighting landlords

The concept of 'decommodification' of housing posits that housing should not be a commodity for which money is exchanged

A 2019 New York rent law prevented landlords from raising rents on vacant units enough to cover the cost of renovations

New York City took ownership of many properties that were unable to pay property taxes due to rent control's financial impact

New York City funds community organizers to inform residents about their rights and services, including those related to rent payment