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Housing Crisis Statistics

Understanding the data behind America's housing affordability crisis and how coliving offers a solution.

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The Housing Crisis by Numbers

America faces an unprecedented housing affordability crisis that affects millions. The data tells a compelling story about why coliving solutions are more important than ever.

76%
Housing Affordability Crisis

of Americans believe housing affordability is a growing problem

Source: Center for American Progress, October 2024

57%
Affordability Gap

of U.S. households cannot afford a $300,000 home

Source: National Association of Home Builders, March 2025

4.8%
Rising Costs

Projected increase in median rents for 2025

Source: U.S. Chamber of Commerce, March 2025

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Deeper Insights: Housing Market Trends

A closer look at the data reveals concerning trends in housing affordability and availability across the United States.

$1,850
Average Monthly Rent

The national average for a one-bedroom apartment in urban centers, representing a 32% increase since 2020.

Source: National Rental Housing Council, January 2025

7.2x
Income-to-Housing Cost Ratio

The average home price is now 7.2 times the median annual household income, up from 5.1 in 2015.

Source: Federal Housing Finance Agency, February 2025

43%
Cost-Burdened Renters

Percentage of American renters spending more than 30% of their income on housing costs.

Source: Joint Center for Housing Studies, Harvard University, 2024

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Demographic Impact

The housing crisis affects different demographic groups in varying ways, with young professionals and urban residents facing particular challenges.

Millennials & Gen Z

67%

of adults aged 25-34 report delaying major life milestones (marriage, children, career moves) due to housing costs.

Source: Pew Research Center, November 2024

Urban Centers

41%

increase in housing costs in the top 10 U.S. metropolitan areas since 2019, far outpacing wage growth.

Source: Urban Institute, January 2025

Essential Workers

78%

of essential workers in major cities cannot afford to live within 10 miles of their workplace.

Source: National Low Income Housing Coalition, March 2025

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The Coliving Solution

Community Coliving addresses these challenges by offering affordable, flexible housing with built-in community. Our model provides:

  • 1

    Cost Reduction

    Average savings of 20-30% compared to traditional housing in the same neighborhoods.

  • 2

    Location Accessibility

    Access to prime urban locations that would otherwise be unaffordable.

  • 3

    Flexibility

    Lease terms from 3-12 months, accommodating modern mobile lifestyles.

  • 4

    Community

    Built-in social connections that combat isolation and improve quality of life.

Housing Cost Comparison

Traditional Studio
$2,200
1BR Apartment
$1,950
Roommate Setup
$1,500
Community Coliving
$1,350

*Based on average monthly costs in major U.S. cities, including utilities and amenities

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Ready to be part of the housing solution?

Whether you're looking for affordable housing or interested in investing in coliving properties, we're here to help.

Transforming housing affordability through innovative coliving solutions that build community and connection

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