Is Universal Rent Assistance a Solution to Housing Crisis?

Is Universal Rent Assistance a Solution to Housing Crisis?

Research shows little connection between a shortfall of housing and rental affordability problems. Even a massive infusion of new housing would not shrink housing costs enough to solve the crisis, as rents would likely remain out of reach for many households. However, there are already subsidies in place that ensure that some renters in the U.S. pay no more than 30% of their income on housing costs. The most effective solution is to make these s…