Activists in Austin Have a Novel Plan to Tackle its Affordable-Housing Crisis
“The housing crisis in this country—with its half a million homeless people and its hundreds of thousands of annual evictions—continues to swell. Its sources are various: a real-estate lobby that relentlessly undermines rent regulation and other tenant protections; a right-wing federal government beholden to the wealthy and at war with public housing; a devastating financial collapse a decade ago; and an influx of international capital, tech bros, and mega-landlords into urban cores. Thanks to these forces and others like them, the United States currently contends with a shortage of more than 7 million deeply affordable housing units nationwide, and low-income renters everywhere are suffering for it.”