CityLab Daily: How Metro Atlanta’s Housing Crisis Got So Bad
Also today: An upcoming pop-up exhibit at the National Mall, and the CDC’s director calls for better public health data collection.
Housing in front of the Atlanta skyline.
Photographer: Elijah Nouvelage/BloombergLast year, the Federal Reserve declared that not one of the 13 counties that make up metro Atlanta qualified as an affordable housing market. In many areas, housing costs consume more than 40% of homeowners’ incomes, well beyond the threshold that the Fed uses to monitor affordability.
Real-estate prices have skyrocketed across the US in recent years, but Georgia’s capital stands out. In the new book Red Hot City: Housing, Race and Exclusion in 21st-Century Atlanta, author Dan Immergluck explores how policy decisions over the last two decades have exacerbated Atlanta’s housing crisis. Speaking to CityLab’s Brentin Mock, Immergluck breaks down some of inflection points that have made the city one of the fastest-gentrifying in the nation, and the unintended consequences of civic projects like the BeltLine. Today on Citylab: Why Metro Atlanta Is the Poster Child for the US Housing Crisis