Affordability for Whom? Introducing an Inclusive Affordability Measure
Published On May 2, 2024
A new paper and interactive tool from the Terner Center, authored by Dan Shoag and Issi Romem at MetroSight and our Faculty Research Advisor Carolina Reid, introduces a new approach to measuring housing affordability.
Affordability for Whom?: Introducing an Inclusive Affordability Measure shows how existing affordability metrics often fail to account for who can live or work in a city and overlook the broader spectrum of household expenses linked to location, such as transportation and childcare.
The new metric considers not just current residents, but also those potential residents who are cut out of living in a place due to high housing costs. The interactive tool presents this new measure in an interactive, web-based format, allowing the user to explore the affordability conditions for existing and potential households across California’s counties.
Share This Post:
Related Articles
A Renter’s Tax Credit: Improving Affordability through the Tax Code
Author: Carolina Reid One of the first papers we published at the Terner Center, in November 2016, was an analysis…
Opening the Door to Social Housing in the US: Learning from the Italian Model
Author: Ben Metcalf International models…
Addressing the Housing Needs of Low-Income Households in the Bay Area: The Importance of Public Funding
Most Bay Area households are affected in some way by the region’s ongoing affordability crisis: housing costs are increasing faster…
Construction Defect Liability in California: How Reform Could Increase Affordable Homeownership Opportunities
Condominiums—homes for purchase in multifamily buildings—have long represented a major entry point for more affordable homeownership. However, condominium development has…
