According to the Urban Institute, for every 100 extremely cost-burdened families, there only exists 29 decent, affordable and readily-available homes for rent.
It would seem that just creating more affordable housing would provide a simple solution, however, the path to making it a reality presents many challenges.
Together, the Urban Institute and the National Housing Conference have created an amazing easy-to-understand simulator to illustrate why building affordable housing is so costly.
Try the simulator here and manipulate the different values. You’ll easily see what goes into the process and the many obstacles that can arise.