America: Rental Nation

It is no secret that America has a terrible housing crisis. We have failed to build enough housing over the last forty years, and that means the price of housing, as such, as gone up consistently over the past several years. This also means that many people are cut off from buying homes due to cost. This has kept people in the rental market for far longer than they might otherwise have been. Indeed nearly 50% of America’s rent their residency rather than own it. This is nearly double what it was just twenty years ago. The impact on young people just starting our is particularly severe. In this video, we learn more about the current rental crisis and what it means for working people who simply need a place to live.