As reported in The Guardian, the US spends twice as much on a tax break for the rich as on rent for the poorest. Dr. Steven Bourassa comments on the fact that the US spent $60bn in 2015 on the mortgage interest deduction for wealthy homeowners – while just a quarter of those needing housing assistance receive it. Read the article
In this podcast, Dr. John Renne, Associate Professor and Director of the Center for Urban and Environmental Solutions in the School of Urban and Regional Planning, along with Shima Hamidi of the University of Texas at Arlington and Reid Ewing of the University of Utah, discuss their new article in the journal Housing Policy Debate, titled “How Affordable Is HUD Affordable Housing?” The article focuses on the relationship between transportation costs and affordable housing costs. The podcast is available on the Streetsblog USA web site.