Can More Public Transportation Solve the Housing Crisis?

As Costs Soar, the Solution to Affordable Living May Be New Transit Projects

new transit housing

Last year, New York City’s Comptroller Scott Stringer released a bleak report: between 2000 and 2012, New York’s median rent skyrocketed 75 percent. Median household income, meanwhile, decreased by 5 percent. New Yorkers now are making less money but paying more to live in the city than they were a decade ago.

These numbers are extreme, but they highlight a dangerous trend in American cities: housing is becoming increasingly difficult to afford. In many cases, high prices are disrupting longstanding city communities, and even forcing low-income residents out of their …

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