Housing Affordability Crisis: 96% of Mayors Report Residents' Deep Concern Amid Rising Costs
September 21, 2026
A survey of mayors finds that 96% report residents are very or extremely concerned about housing affordability, with housing costs identified as the biggest factor.
The issue is shaping midterm political discourse, with affordability debated by both parties and tied to housing policy questions like rent control and incentives for affordable construction.
A majority want more federal resources for affordable housing, with 58% seeking relief from tariffs on building materials and calls for faster construction through reduced red tape; the 21st Century Road to Housing Act is highlighted as a first step.
Affordability is presented as a national concern linked to consumer sentiment, mortgage rates approaching 7%, and ongoing Fed rate increases, suggesting limited near-term policy breakthroughs despite bipartisan acknowledgment.
Many mayors note broader cost pressures—groceries, utilities, childcare, gas, and healthcare—that shrink residents’ disposable income and strain local businesses.
About 94% of mayors say the cost of living is rising in their cities, and 39% report affordability has significantly worsened, with consequences like higher rents, more evictions, and delinquent utility bills.
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Real Estate News & Insights | realtor.com® • Sep 21, 2026
Nearly All Mayors Say Residents Are Concerned About Housing Affordability