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The 2021 State of the Nation's Housing Report from the Harvard Joint Center for Housing was required reading. Make sure you have read more than the summary to answer this question. ( The State of the Nation's Housing 2021 | Joint Center for Housing Studies (harvard.edu) This year the report has 5 key issues, four of which are uniquely different from previous trends. You are only to work on two trends. Describe and explain how low housing inventory and decline in high-market rents, which are two separate trends move against a city's economy. How do these two trends affect low-income households?
To successfully answer this question, do the following:
1. Describe each of the trends pointed to in the paragraph above.
2. Describe the consequences or issues in each trend for (a) a city's economy and for (b) low- or moderate-income households.
3. Research and briefly provide a case example of each trend-put some numbers on it"
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