Suburban pattern #1 to watch in 2025: affordable housing

What will 2025 bring in the American suburbs? One thing I will be watching for are discussions of and actions regarding affordable housing.

Photo by Kindel Media on Pexels.com

Why this particular concern? We could start with a broad statement: there is a need for cheaper housing in many American metropolitan areas. The rise in housing prices in recent years has priced out many residents from quality housing or living near where they work or residing in places they want to. This is not just true in the most expensive urban areas like Manhattan or San Francisco; there is a need for housing in numerous suburban areas.

At the same time, affordable housing can mean different things in different communities and among different actors. Is affordable housing about providing broad housing opportunities to most people who could live in a region? Or is it for lower-income residents? Or is it for seniors? When suburbs discuss affordable housing, I think they have different populations in mind depending on the local history and context.

The last few decades demonstrated that affordable housing is not a concept many suburban communities welcome. It has particular connotations. It may be perceived as a threat to existing property values. It is for particular residents. Few American suburbanites seem to want to live adjacent to affordable housing, even if they are for the concept in general.

So what might happen in 2025? There surely will be discussions at the federal, state, and local levels about affordable housing. Different levels of government and different actors may want to use different levers to encourage affordable housing. What kind of carrots or sticks might be offered? The 2024 presidential campaigns had different thoughts. Could there be significant shifts either way in the next year? If Americans continue to be concerned about their own economic standing, the issue of housing prices will not go away. But who will act and what might they do?

Leave a comment