Affordability

A housing shortfall, record home costs and cuts to subsidies are intensifying the US affordability crunchOf the various dimensions of the affordability crisis weighing on US families, housing probably weighs heaviest. The typical home price has risen above five times the annual income of the typical family. The monthly cost of owning a home has hit record highs.The US faces a housing shortfall of millions of homes. But builders are not rushing to meet the shortfall. The supply of new homes declined over 14% in May, compared to May of 2025. Moody’s Analytics expects single-family and multifamily residential investment to contract every year between now and 2030. Continue reading...

Rents will rise and homelessness quadruple in a decade unless serious steps to cut emissions are taken, University of Sydney researchers findFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastGlobal heating could worsen housing affordability, push up rents and quadruple homelessness in a decade without fairer housing policies and action to reduce emissions, new research has found.Home prices and rents in Australia are influenced by a complex mix of factors, from incomes and mortgage rates to insurance premiums, available land and population. Continue reading...

‘Least affordable’ areas mainly in London commuter belt, UK Finance finds, with Iran war not yet reflected in dataBusiness live – latest updatesUK homebuyers are facing the worst mortgage affordability pressures for almost two decades, although the “pain” is not being felt equally across the country, according to industry data.The banking body UK Finance said that at a nationwide level, initial mortgage repayments were typically swallowing up more than a fifth (21.3%) of a homebuyer’s gross income – the highest level since 2008. Continue reading...

Climate leaders say Democrats need to extol clean energy as a way to cut costs for Americans as war roils oil marketsDemocrats should get louder in championing clean energy’s affordability and resilience from global shocks, according to some of the party’s leading voices on the climate.As the Iran war roils economies by raising the cost of oil and gas, countries are aiming to accelerate their shift to cleaner energy. But in the US, Donald Trump has sought to kill off any alternative to fossil fuels while opposing Democrats have been reluctant to tie the conflict to any action on the climate crisis. Continue reading...

Exclusive: Capital gains tax discount and negative gearing rules created ‘extra artificial incentive’ for property speculation, the e61 Institute has foundGet our breaking news email, free app or daily news podcastThe combination of the capital gains tax discount and negative gearing rules has turbocharged debt-fuelled property speculation over recent decades, according to a new analysis of hundreds of thousands of property investments.The federal budget in three weeks’ time is widely expected to include changes to tax breaks for investors, in an effort to rebalance the tax system away from the wealthiest Australians and to take pressure off home prices. Continue reading...

• AMA Board Chair Dr. Aizuss testified before Congress on March 20, 2026, highlighting financial challenges for physician practices impacting patient access to care nationwide. • He identified market consolidation, inadequate payments, prior authorization burdens, coverage instability, and workforce shortages as drivers of rising costs and longer waits. • Recommendations include prior authorization reform, restoring physician-owned hospitals, addressing physician shortages, and ensuring Medicaid sustainability amid changes.

• House Committee on Financial Services Chairman French Hill (AR-02) and Housing and Insurance Subcommittee Chairman Mike Flood (NE-01) commended President Trump’s March 15, 2026, executive order removing regulatory barriers to affordable home construction. • The leaders noted the order aligns with bipartisan committee work over the past year to reduce building costs and boost housing supply through commonsense reforms. • They expressed intent to codify the executive order's objectives in upcoming congressional housing legislation to ensure lasting impact.