The present page holds the title of a primary topic, and an article needs to be written about it. It is believed to qualify as a broad-concept article. It may be written directly at this page or drafted elsewhere and then moved to this title. Related titles should be described in Housing crisis, while unrelated titles should be moved to Housing crisis (disambiguation).
The term housing crisis refers to acute failures in the housing market at a given place and time. Depending on the context and the speaker, the term has taken on substantially different meanings.[1] A prominent current use, for example, refers to shortages of available housing in the United States and other countries, but it has also been used to describe financial crises related to the real estate sector.
Following the first definition, the term "Housing crisis" or "affordability crisis" is currently used in the United States and other English-speaking countries to refer to widespread shortages of housing in certain regions where people want to live. These shortages, caused in part by regulatory barriers to new construction, have had consequences such as elevated regional homelessness, housing insecurity, and high housing costs. Within this context, the term housing crisis has been applied to a number of different manifestations, with different causes and consequences. One California housing researcher, for example, chronicled at least thirteen ways in which the term "housing crisis" has been applied to shortage and affordability issues, indicating that there is not one "housing crisis" but instead a "web of problems and dysfunctions".[2] Even in regions that are not experiencing an overall housing shortage, for example, the term housing crisis has been used to refer to a shortages for specific segments of the population, such as a shortage of dedicated affordable housing for very-low income populations or permanent supportive housing for those with disabilities.
As a second definition, the term has also been used to refer to financial crises tied to the housing sector, conceptually distinct from issues related to housing shortages. In the past, the term was used in the United States to refer to problems in the financial sector related to instruments tied to housing, such as the sub-prime mortgage crisis of 2007-2008. Similarly, "housing crisis" has been used to describe financial problems in the Chinese property sector that began in 2020 and are ongoing.
^Rudy, Melissa (2020-11-25). "'Housing Crisis' Can Take On Different Meanings: Here Are 5 Examples". HomeLight Blog. Retrieved 2023-12-30.
^Menendian, Stephen (November 30, 2022). "Deconstructing the 'Housing Crisis'". belonging.berkeley.edu. Retrieved 2023-12-30.
The term housingcrisis refers to acute failures in the housing market at a given place and time. Depending on the context and the speaker, the term has...
combination of high household debt and larger housing price declines. The housing bubble preceding the crisis was financed with mortgage-backed securities...
California's housingcrisis". Vox Media. Archived from the original on March 1, 2018. Retrieved March 1, 2018. "A TOOL KIT TO CLOSE CALIFORNIA'S HOUSING GAP"...
the Ministry of Justice, to act in situations of emergency, in times of crisis. More than 800,000 people were murdered in Brazil between 1980 and 2004...
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as a Cause of the Present Crisis-Amherst PERI-April 2012" (PDF). Retrieved March 14, 2018. "Rethinking how the housingcrisis happened". mitsloan.mit.edu...
Quebec's housingcrisis (French: crise du logement, pénurie du logement, or crise du marché immobilier) is a speculative bubble that has severely affected...
Public housing is a form of housing tenure in which the property is usually owned by a government authority, either central or local. Although the common...
recession. Government housing policies, over-regulation, failed regulation and deregulation have all been claimed as causes of the crisis, along with many...
a real estate bubble, it was the impetus for the subprime mortgage crisis. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and...
policy makers in affordable housing as the price of housing has increased dramatically creating a crisis in affordable housing. Additionally, the process...
housingcrisis began in Auckland, with the market not being able to sustain the demand for affordable homes. The Housing Accords and Special Housing Areas...
Venezuela housingcrisis". The Guardian. Retrieved 27 January 2017. Baral, Susimita (6 May 2014). "Abandoned Cars To Solve Venezuela's HousingCrisis?". Latin...
long-standing and continual crisis of housing. According to Aboriginal Affairs and Northern Development, "only 46 of Attawapiskat's 316 housing units are considered...
of single-family housing cities. Cambridge, Massachusetts: The MIT Press. pp. 93–137. ISBN 9780262372411. Solving the HousingCrisis Half-a-House at a...
decline around 2008 as a result of the banking crisis. The gap between average income and average housing prices changed between 1985 and 2015 from twice...
homes. The council also, in January 2022, declared a housingcrisis, due to the housingcrisis placing the islands in "real danger of putting essential...
shortage a "housingcrisis", and news reports stated that addressing the shortage was the mayor's "top priority". The Bay Area's housing shortage is part...
the Bush Administration, he helped coordinate the federal response to housingcrisis related to the Great Recession. In the Obama White House, he was Special...
Middle Housing: Thinking Big and Building Small to Respond to Today's HousingCrisis. Washington DC: Island Press. pp. 7–8. "Missing Middle Housing: Thinking...
to a housing shortage. Because of the urgent need for shelter, the Federal Public Housing Administration took action and built temporary housing. The...
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government is to build 250,000 to 300,000 housing units for poor and middle-class families and address a housingcrisis, In addition, the cities will include...
record-high waiting list for public housing.[clarification needed] Government policies have attempted to address the crisis since 2013, but have produced limited...
has spearheaded legislation to increase housing production in Oregon to alleviate the state's housingcrisis. In 2019, as speaker, she spearheaded legislation...
Chermaine (2018-01-26). "Homeless in Hong Kong: soaring costs fuel housingcrisis in Asian financial hub". Reuters. Retrieved 2021-08-07. End Homelessness...
may constitute a housingcrisis for some, especially in as London. Housing is the jurisdiction of the Minister of State for Housing, Planning and Building...
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