U.S. plagued by lack of affordable housing

Can affordable housing and capitalism coexist? “However, when we look at housing in the U.S., it is easier to understand why the media here doesn’t want us to know how Cuba handles housing.”

The lack of affordable housing in the U.S. and most capitalist countries has only intensified with the COVID-19 pandemic. Across the U.S., rents increased by around 25% since early 2020. Median rents were already over $2,000 per month by July 2020, when it was estimated that nearly 40 million people in the U.S. could not afford their current living situation. If they were housed at all, most spent nearly half of their income on housing. Many were households headed by single women.

Read the full article at workers.org