Homesick: Why Housing Is Unaffordable and How We Can Change It

Nobody who sits in traffic on Sedona, Arizona's main stretch or stands shoulder-to-shoulder in its many souvenir shops would call it a ghost town. Neither would anyone renting a room for $2,000 a month or buying a house for a half-million dollars. And yet the people who built this small town and made it a community are being pushed further and further out. Their home is being sold out from under their feet. In studying the impact of short-term rentals, Brendan O'Brien saw something similar happening in places ranging from Bend, Oregon, to Bar Harbor, Maine. But it isn't just short-term rentals, and it's not just tourism towns. Neighborhoods in Austin and Atlanta have become rows of investment properties. Longtime residents in Spokane and Boston have been replaced by new, high-salaried remote workers. Across the country, a level of unaffordable housing that once seemed unique to global cities like New York and San Francisco has become the norm, with nearly a third of all US households