The Housing Crisis is Worse Than You Think

It’s not a problem, but rather a symptom of something much bigger.

Angus Peterson
Edge of Collapse

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Row houses and townhomes densely constructed in a neighborhood.
Photo by Breno Assis on Unsplash

Remember when owning a home felt like a symbol of success, stability, and pride? That was the American Dream we were sold, but let’s be honest — it’s become a waking nightmare. Whether you’re a homeowner barely scraping by, a renter drowning in bills, or someone stuck in housing limbo, the current reality feels impossible. The housing crisis isn’t just about money; it’s about how we live, how we survive, and how everything — climate, wages, and policy failures — has collided to create a mess with no easy fix.

Let’s dig into how we got here, the devastating lengths people are going to just to keep a roof over their heads, and why even the so-called solutions are hopelessly flawed. Spoiler alert: this is bad, and it’s not getting better anytime soon.

How Did It Get This Bad?

To understand the housing crisis, we need to peel back the layers of how it came to dominate so many lives. It’s a story of decades-long policy failures, systemic inequities, and an economic shift that turned housing from a necessity into a commodity. It’s a story of bad decisions compounding over time — and of good ideas derailed by greed, short-sightedness, and inertia.

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Edge of Collapse
Edge of Collapse

Published in Edge of Collapse

Becoming collapse aware in the age of the permanent polycrisis.

Angus Peterson
Angus Peterson

Written by Angus Peterson

Becoming collapse aware in the age of the permanent polycrisis. Follow to get all the new stories: https://anguspeterson.medium.com/subscribe

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