Article: The Dirty Little Secret—Rising Property Values Are Incompatible with Affordability

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Read this new article by Peter Sabonis, the Human Rights Development Program Director at Partners for Dignity & Rights, in Shelterforce Magazine.

It’s time for some straight talk about rising property values. Yes, they help amass equity for homeowners, provide opportunities for developers, and generate revenue for localities. But they also raise rents, pushing out low-income renters; keep the unhoused, unhoused; and push fixed-income homeowners into fiscal precarity. If community development is about the entire human community, and not just real estate, we must grapple with this tension. Higher property values and equitable development are not an easy marriage…

Read the rest on Shelterforce.