Diverted Homeowners and Rental Affordability Crisis

Cambridge, MA and livestream on Twitter
Hosted By:
Joint Center for Housing Studies of Harvard University

In this talk, post-doctoral fellow Hyojung Lee will present research that found that as of 2015, about 8.4 million would-be homeowners (the expected number given market and demographic characteristics in 2000) either became renters or have left the housing market.  This shift, the research estimates, triggered a host of changes in rental housing markets, notably greater demand for more expensive rental units and higher rental burdens.