The Hidden Influence: How the Financial Sector Shapes American Housing

We recently released an op-ed addressing one of our community’s most important issues: the lack of affordable housing. The piece examines how lenders such as banks, pension funds, private equity firms, and real estate investment trusts (REITs), along with a lack of government incentives, often prevent affordable housing plans from moving forward. This crucial perspective is frequently overlooked in discussions that tend to focus solely on the role of developers.

While the challenges are significant, solutions are within reach through proactive action from financial institutions, stronger government incentives, and a new regulatory framework. There is an urgent need for the private and public sectors to come together and prioritize developing a comprehensive approach to addressing this crisis.