How do we make more affordable housing?

house for sale
The housing market is tight, but first-time homebuyers are still out looking for real estate.
Curtis Adams on Pexels

The pandemic pushed the U.S. housing market into a frenzy, with demand outpacing the homes for sale. The market cooled a bit in July. But, even before the pandemic, the cost of the average home rose more than 50 percent between 2012 and 2019 — out of reach for many buyers. Renting is even worse. A recent report showed the typical minimum-wage worker cannot afford the rent of a two-bedroom apartment anywhere in America.

Host Chris Farrell talks with Jenny Schuetz, a senior fellow at the Brookings Metropolitan Policy Program and Lisa Grant, a real estate agent in Charleston, S.C., about how to make housing more affordable.

Guests:

  • Jenny Schuetz is a senior fellow at the Brookings Metropolitan Policy Program and an expert in urban economics and housing policy.

  • Lisa Grant is a real estate agent with experience buying, selling, renting, repairing and renovating homes. She is the owner of See Wee Homes, a real estate brokerage in Charleston, S.C.

Subscribe to the MPR News with Kerri Miller podcast on Apple PodcastsGoogle PodcastsSpotify or RSS.

Use the audio player above to listen to the full conversation.

Your support matters.

You make MPR News possible. Individual donations are behind the clarity in coverage from our reporters across the state, stories that connect us, and conversations that provide perspectives. Help ensure MPR remains a resource that brings Minnesotans together.