Society & Culture

The Global Housing Crisis

Why Homes Have Become Unaffordable — and How to Fix It

Edward Glaeser

Economist at Harvard University, specializing in urban economics and housing policy. He is the author of "Triumph of the City" and one of the most influential voices on housing policy.

March 12, 2026·9 min read

The Global Housing Crisis

Housing has become unaffordable in cities around the world. In San Francisco, London, Sydney, and many other major cities, the median home price is more than 10 times the median household income. The housing crisis is driving inequality, limiting economic mobility, and transforming the social fabric of cities.

TOPICS

housinginequalityurban policyeconomicssociety

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