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USA – The housing challenges Virginia’s next governor will have to face (Brookings)

Jenny Schuetz writes: Communities across Virginia are facing a variety of housing-related stresses. Over the past year, housing prices have risen more than 10% in the state’s largest metropolitan areas, putting pressure on first-time homebuyers. During the height of the COVID-19 pandemic, more than half of renter households experienced income losses, and roughly 20% fell behind on their rent. Even before the COVID-19 pandemic, Richmond had one of the highest eviction rates in the country, especially in historically Black neighborhoods. As Virginia’s voters prepare to choose a new governor this year, they should evaluate the candidates’ plans to address housing challenges.

go to Brookings: The housing challenges Virginia’s next governor will have to face (brookings.edu)