EconPapers    
Economics at your fingertips  
 

The question of rent: the emerging urban housing crisis in the new century

Michael Turk

International Journal of Urban and Regional Research, 2004, vol. 28, issue 4, 909-918

Abstract: The emergence of a new housing crisis in the United States for low‐income renter households at the outset of the twenty‐first century can be traced to an increasing lack of affordability, where the average cost of housing as a portion of income has risen steadily over the last half‐century. In turn, this rise in housing costs can be attributed to a growing and dramatic shortage of low‐cost rental housing. Ultimately, the evocation of homeownership as the embodiment of the ‘American Dream’ has made renting the ‘stepchild’ of housing options, and this has had hidden, but nonetheless deleterious effects upon US cities, which remain major concentrations of rental housing and financially‐strapped tenants. Aux Etats‐Unis, on peut imputer la nouvelle crise du logement du début du vingt‐et‐unième siècle touchant les ménages locataires à faibles revenus à une impossibilité croissante d'accessibilité financière, la part du coût moyen d'un logement dans le revenu ayant progressé constamment au cours du demi‐siècle précédent. Par ailleurs, cette élévation des coûts du logement peut être attribuée à une pénurie accrue et dramatique de l'habitat à loyer modéré. Enfin, évoquer l'accession à la propriété comme incarnation du ‘Rêve américain’ a fait de la location le ‘parent pauvre’ des possibilités de logement, ce qui a eu des effets latents, quoique néfastes, sur les grandes villes américaines, lesquelles restent des concentrations dominantes de logements locatifs et d'occupants désargentés.

Date: 2004
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1111/j.0309-1317.2004.00559.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ijurrs:v:28:y:2004:i:4:p:909-918

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0309-1317

Access Statistics for this article

International Journal of Urban and Regional Research is currently edited by Alan Harding, Roger Keil and Jeremy Seekings

More articles in International Journal of Urban and Regional Research from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-03-19
Handle: RePEc:bla:ijurrs:v:28:y:2004:i:4:p:909-918