A New Report Exaggerates the Problem of Housing Affordability To Push Expensive Federal Interventions

by | Jun 18, 2018

A New Report Exaggerates the Problem of Housing Affordability To Push Expensive Federal Interventions

by | Jun 18, 2018

The average American needs to earn $22.10 an hour in order to afford a place to live. Minimum wage earners would have to work three full time jobs in some states just to afford housing.
These are some of the audacious claims made in the 2018 “Out of Reach” report from the National Low Income Housing Coalition (NLIHC), which proports to show that millions of Americans can’t afford a place to lay their head, a problem that will only be fixed with a massive infusion of federal cash.
“In the richest country in history, no family should have to make the awful choice between putting food on the table and keeping a roof over their heads,” writes Sen. Bernie Sanders (I –Vt.) in the report’s preface. “This is America. We have the resources to solve the affordable housing crisis. We have the solutions that work. What we need is the will to do what is right.”
The media were quick to jump on these findings.
“Bleak New Figures Show Just How Unaffordable Rent Is In Every U.S. State,” reads the headline over at HuffPo. “Where is all the affordable housing? Nowhere,” declares The Outline. “A minimum-wage worker can’t afford a 2-bedroom apartment anywhere in the U.S.,” says The Washington Post.
Read the rest at reason.com.

Our Books

Shop books published by the Libertarian Institute.

Podcasts

scotthortonshow logosq

coi banner sq2@0.5x

liberty weekly thumbnail

Don't Tread on Anyone Logo

313x0w (1)

313x0w (1)

313x0w (1)

Our Books

Recent Articles

Recent

‘We Are All Charlie Kirk’

‘We Are All Charlie Kirk’

In 2015, the French comedy magazine Charlie Hebdo was attacked by terrorists and twelve people were murdered. It was the second of three violent attacks on the magazine because they had dared to published cartoons of the prophet Muhammad, an insult to followers of...

read more
‘The Ethics of Dynamite,’ Again

‘The Ethics of Dynamite,’ Again

In his 1894 essay “The Ethics of Dynamite,” English individualist Auberon Herbert likened the use of violence by revolutionary anarchists to the violence the state itself represents, and he drew out in his characteristically beautiful prose the nature of the state as...

read more
TGIF: Hurray for the Industrial Revolution!

TGIF: Hurray for the Industrial Revolution!

Unbelievably, in 2025, walking among us are people, many of them young and college-educated, who believe the Industrial Revolution (spawned by the liberal Enlightenment) was a disaster for most of mankind. They yearn for what they imagine was the tranquil, plentiful,...

read more

Pin It on Pinterest

Share This