The Roots of the Modern Housing Crisis


1. U.S. Department of Labor, Bureau of Labor Statistics; and see Lawrence Mishel and Heidi Shierholz, “A Decade of Flat Wages: The Key Barrier to Shared Prosperity and a Rising Middle Class,” Briefing Paper #365, August 21, 2013.  

2. Elise Gould, “2014 Continues a 35-Year Trend of Broad-Based Wage Stagnation,” February 19, 2015. 

3. Ralph McLaughlin, “Pads for Grads: Where the Newly Educated Can Afford Rent,” May 20, 2015. 

4. Richard Florida, “The Deep Roots of America’s Housing Affordability Crisis,” May 20, 2015. 

5. Fred Imbert, “Cost of Living is Increasingly Out of Reach for Low-Wage Workers,” August 31, 2015. 

6. National Low Income Housing Association, Out of Reach 2015, 2015. 

7. Rakesh Kochar, Richard Fry, and Paul Taylor, “Wealth Gaps Rise to Record Highs Between Whites, Blacks, Hispanics.”  

8. Laura Kusito, “New Luxury Rental Projects Add Squeeze to Rent Squeeze,” May 20, 2015. 

9. See Ryan Avent, The Gated City, Amazon Digital Services, 2011.