On June 18, 2018, The Joint Center for Housing Studies of Harvard University released the “State of the Nation’s Housing 2018” report, marking the 30th anniversary of its release. The report is released annually and provides an overview of housing market conditions in the United States. The 2018 release also looks back at the last 30 years to examine how key metrics have changed and progress on the goal of producing decent and affordable homes for everyone. This blog post provides a high-level overview of the report and key takeaways for Charlotte-Mecklenburg. Mecklenburg County Community Support Services offers considerations for the community in the “So, What” section.

Last week’s blog was dedicated to the release of new data in the 2018 Out of Reach report from the National Low Income Housing Coalition. The blog discussed the need for more housing assistance, including from the private sector to decrease housing costs and close the gap. This week’s blog takes on the second part of the Out of Reach Report: the problem of low wages, the growth of low wage work and need to address wages in addition to housing to close the gap.