Source: The Hill —
One housing affordability measure made it on a statewide ballot in this year’s midterm elections amid a nationwide housing crisis that has left the U.S. short at least a million homes — and it is projected to pass narrowly.
But a new report released Friday by Moody’s Analytics shows that local ballot measures promoting affordable housing had widespread bipartisan support in the 2022 midterms.
The report’s authors wrote that this support shows voters have recognized the consequences brought on by a lack of affordable housing and voted accordingly.
“In fact, many proposals were approved with nearly 70% of the vote. Even in those that failed, the results indicate many voters crossed party lines,” the report’s authors wrote.
Thomas LaSalvia, director of economic research at Moody’s Analytics explained to The Hill that housing, generally, has become more of a local issue in the past two decades.
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