Housing Stress on the Middle Class
With housing costs rising faster than incomes, housing affordability increasingly challenges middle-income families. A new report from the Brookings Institution examines middle-class housing stress through four dimensions – affordability, inadequate space, commute times and homeownership – and how housing stress varies by income, household type, race and geography. Despite affordability challenges, the report finds that the middle class overall fares well across the four dimensions – but housing stress varies across regions and population groups.