Topic summary

Housing shortage

Housing shortage

Extracted from the Wikipedia article Housing crisis.

An affordable housing crisis or housing crisis is either a widespread housing shortage in places where people want to live or a financial crisis in the housing market. Housing crises can contribute to homelessness and housing insecurity. They are difficult to address, because they are a complex "web of problems and dysfunctions" with many contributing factors, but generally result from housing costs rising faster than household income.