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Zillow Research

Housing Affordability

Nearly Two-Thirds of Americans Live Far From Healthy Food, Some by Choice and Some Not

For many people, using a car to reach healthy food stores is a lifestyle choice. But 20 percent of the country’s non-rural population – or 47.3 million people – have both low incomes and low access to fresh food. Of the households living in food deserts, 7.9 percent don’t have access to a vehicle and must rely on public transportation or walking to reach an area with healthy food.

A Picture’s Worth: Where to Maximize Take-Home Pay and Job Opportunities

Where we live has an enormous influence on how we balance the competing demands of living, working and playing. We all (well, most of us) need to work, and communities with stronger labor markets widen our options. We all need a place to live, too, but housing is more costly in some places than in others. And our capacity for play comes out of everything left over from the fruits of our labor after taxes and housing costs – the price we pay to live in a civilized society.

Age and Affordability: Why an Affordable Rental Home Is More Often an Older Home, and Why That Matters

Subdued new home construction activity in recent years is pushing up the price and age of those homes that do sell, and contributing to slower depreciation in value among aging homes that otherwise would become more affordable. As a result, those homes that are affordable for lower-income, renter households are increasingly older and potentially a lot more hazardous.

No Construction: Why Yesterday’s Luxury Home Remains Today’s Luxury Home

Reversing a trend from prior decades, homes built when the housing bubble first started to inflate and through the height of the housing boom have held their value better than older, existing homes over the same period. But a lack of new construction in more recent years means those homes that were new a decade ago still remain “new” relative to other existing homes, and are not depreciating in value fast enough to replenish the quickly dwindling supply of livable, but older, more-affordable homes.