Housing Affordability Crisis Sparks “Rise of the Pod People” Across America
22nd January 2020
Homes in 74% of the country, mostly the large metro areas, are unaffordable for the average worker. At least three-quarters of millennials will never own home as they’re drowning in student debt, auto loans, and credit card debt.
Renting has also become too costly for many in large metro areas like San Francisco. Millennials have already moved into campers and tent cities to escape rising rents, but there could be a new solution called “pod living.”
If they could live in a college dorm again, they would.