Washington's never ending housing crisis

Washington is on track to hit some of its housing goals, but homeownership remains expensive, homelessness is growing, and the supply of affordable homes is still running short.

That’s according to a new state report. The Department of Commerce Housing Advisory Plan outlines how Washington has fared with housing since 2015 and what must be done in the next five years to meet the growing need.

While the report recognizes progress in closing racial and ethnic disparities and getting more housing built, it adds: “That progress is uneven and much more work needs to be done.”

Homeownership

Homeownership remains out of reach for many Washington residents as prices have climbed faster than incomes. This gap is getting worse, according to the report.

https://washingtonstatestandard.com/2024/05/01/washingtons-neverending-housing-crisis/