High interest rates only worsen the shortage of affordable housing, but the cure lies far beyond the realm of monetary policy.
Housing
Posted inEconomic Policy
Rumored Fed Nominee Thinks Tim Geithner Did Right by Homeowners
President Biden may nominate Janice Eberly, former deputy to the mastermind of America’s foreclosure crisis.
Posted inMoney, Politics, and Power
The Junk Fees Biden Hasn’t Talked About
Hidden and deceptive fees are seen across consumer transactions, from rental housing to prisons.
Posted inHousing and Transportation
How Los Angeles Tenants Beat the Landlords—for Now
The rise of a renters’ movement and their electoral victories last November have reshaped some fundamental city policies.
Posted inTAP
The Wildly Misleading Inflation Numbers
Today on TAP: The Consumer Price Index gets the story of housing costs backwards.
Posted inMoney, Politics, and Power
The Tenants Who Went to Washington
The Homes Guarantee Campaign got the attention of policymakers at the highest levels. Now these tenant organizers want to get the policy.
Posted inEnergy and the Environment
Floods’ Worst Ravages Will Be Visited Upon California’s Poorest
This month’s torrent compounds the affordable-housing crisis.
Posted inEconomic Policy
Who Will Talk Jay Powell off the Ledge?
He has committed the Fed to an interest rate course that will create a needless recession, and he refuses to admit that inflation is subsiding on its own.
Posted inEconomic Policy
Why the Federal Reserve Should Cool Its Jets on Interest Rates
Recent data shows a strong possibility that inflation will come down on its own.
Posted inPolitics
Tense Runoff Election Pits Old Austin Versus New
The housing crisis and the climate crisis have shaped mayoral and city council elections in Texas’s fast-growing capital city.