It’s not too early to start thinking about housing policy….
Affordable housing is poised to become a more prominent issue in the 2020 presidential race, with several potential Democratic candidates releasing proposals on the topic in recent months.
Housing hasn’t been a top issue in past presidential elections, but Democratic strategists and housing experts say it could be a bigger part of the debate in the coming years as concern grows about how housing costs have increased faster than wages.
“In the last year, I’ve seen more attention to housing costs at the federal level, but also at the state and local level,” said Jenny Schuetz, a fellow at the Brookings Institution.
According to the National Low Income Housing Coalition (NLIHC), there is a shortage of more than 7 million rental homes that would be affordable to the lowest income renters.
In a number of populous areas, particularly in the Northeast and West Coast, housing is also becoming too expensive for middle-class families, said Schuetz.