The Radical Way Cities Are Tackling Affordable Housing

Cities across the country are buying up buildings as a way to increase affordable housing stock and take more control of the market

By Nate Berg

A growing number of cities are stepping up to meet this need by exploring new ways of building affordable housing and preserving what already exists. The pandemic has created the conditions for cities to more boldly invest in their own affordable housing stock and take more control over the market forces that have caused prices to skyrocket.

Filling the supply gap is critical. But for decades, and especially during this pandemic, more attention has been focused on stopping the bleeding.

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