
The need to expand access to affordable housing is a unifying concern across the US. In a 2024 survey, 76 percent of respondents stated that housing affordability was a problem that was getting worse in their communities. Median house prices are approaching nearly 6 times the US median income, with high interest rates pushing potential buyers out of the market. Renters, meanwhile, are spending over a third of their income on rent. The high cost of housing not only imposes a burden on individuals and families but also hampers economic growth. As highlighted in the 2025 Milken Institute Best Performing Cities report, large metropoles with high housing costs such as San Francisco, San Jose, and Seattle, once among our best-performing cities, have recently experienced slowing growth. As cities grapple with rising housing costs, this panel brings together city officials, urban planners, and economists to discuss actionable strategies to solve this growing national problem.