JCHS Releases 2016 State of the Nation’s Housing Report
Harvard University’s Joint Center for Housing Studies (JCHS) recently released The State of the Nation’s Housing 2016, its latest annual report on U.S. housing trends. While the report finds that the housing market continues to recover post-crisis, it highlights serious challenges, including all-time high renter cost burdens, growing concentrations of poverty, falling homeownership rates, and tight mortgage credit.