America's Housing Crisis Deepens | Denver News

Rent in America is exploding, with a nationwide median of $21K annually and nearly half of renters spending over 30% of their income on housing—often more for families. In NYC, a two-bedroom can cost $57K, eating up two-thirds of the average household’s earnings. This crisis, rooted in a 4.7 million home shortage since 2008 and stifled by zoning laws, has lingered since the pandemic and hits low-income renters hardest—with 80% of those earning under $30K struggling to stay housed. New laws won’t fix it overnight; prices and competition will stay high until we build more homes and cut red tape. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6aa9929197d958f3