Vincent Salandro is an associate editor for Builder. He covers products for the Journal of Light Construction and also has stories appearing in other Zonda publications. He earned a B.A. in journalism and a B.S. in economics from American University.
Elevated home prices and rents are causing homeownership to remain out of reach for millions of Americans, according to Harvard's Joint Center for Housing Studies.
The structural deficit of homes in both the for-sale and rental markets are contributing to the high levels of unaffordability in the overall U.S. housing market.
Rising interest rates, double-digit home price appreciation, and an imbalance of multifamily supply and demand are among the current challenges for the housing industry.
Subscribers can vote for the best affordable housing developments in nine categories as well as one overall winner. More