The Challenge Of Finding Affordable Housing in The U.S.

A modular apartment building, lower right, rises next to the Barclay's Center and 1 Hanson Place, left, Monday, May 5, 2014 in the Brooklyn borough of New York. Fifty percent of the apartments in the 32-story, 363-unit rental building will be earmarked for low- and middle-income households.   - AP Photo/Mark Lennihan

A modular apartment building, lower right, rises next to the Barclay's Center and 1 Hanson Place, left, Monday, May 5, 2014 in the Brooklyn borough of New York. Fifty percent of the apartments in the 32-story, 363-unit rental building will be earmarked for low- and middle-income households.

AP Photo/Mark Lennihan

The Challenge Of Finding Affordable Housing in The U.S.

It's harder than ever to find affordable housing in the U.S. Diane and her guests discuss the role of the government, private developers and banks in today’s housing market.

Depending on where you live, the U.S. housing market is looking up. Regions with strong local economies are improving. But most markets are still weak. And a growing number of Americans cannot afford to live where they work. Millions of low-and middle-income families struggle to pay increasing rents with stagnating wages. And an estimated one in six homeowners are still underwater on their mortgages. Advocates are pushing for innovative solutions to what they call an affordable housing crisis. But many are concerned about the fairness of some outcomes. Diane and her guests discuss the challenges of finding affordable housing in the U.S.

Guests

Julia Gordon

director of housing finance and policy at the Center for American Progress.

Dante Chinni

columnist, The Wall Street Journal, and director, American Communities Project at American University.

Mark Calabria

director of financial regulation studies, the Cato Institute.

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