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Economy•October 7, 2026

The Quiet Squeeze: Housing Costs and the Next Generation

For many young families, the math no longer works. Policy choices built this problem, and different choices can ease it.

RARISE American Policy Team
4 min read
Illustration: RISE American
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The arithmetic of getting started

In many American communities, the price of a modest home and the price of rent have grown far faster than the wages of the people who want to buy or rent them. For a young couple with steady jobs, the gap between what they earn and what a first home requires has become a chasm.

This is not only a housing story. It is a story about whether the next generation can put down roots, whether local businesses can attract workers, and whether older Americans on fixed incomes can stay in the neighborhoods they built.

How we got here

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