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July 1, 2025
More Information Sharing Means Fewer Taxpayer Losses to Fraud
Last month, Rep. Lloyd Doggett (D-TX) introduced a resolution of inquiry objecting to the Trump administration’s development of a “centralized database” that “compiles American citizens’ personal information across federal agencies and departments.” The resolution states that personal information includes “confidential taxpayer, identity, wage, child support, bank account, student loan, health, medical, financial, or other information.” Left unsaid…
June 30, 2025
America’s Six Million Home Shortage: Why California Is at the Epicenter
A growing body of research estimates that the US faces a severe housing shortage, with missing homes numbering between 3.8 million and 8.2 million. Using the midpoint—approximately six million missing homes—new AEI Housing Center analysis shows where this shortage is most acute and why about two million missing homes can be traced back to California and its neighbors….
June 26, 2025
Does Building Light-Touch Density Housing Lower Single-Family Home Values? Evidence from Seattle, WA and Charlotte, NC
Summary: Opponents of Light-touch Density (LTD) infill argue that it will lead to outright home price declines or, at the very least, slower home price appreciation (HPA). However, evidence from Charlotte and Seattle shows that the construction of LTD housing—such as duplexes and townhomes—does not adversely impact HPA of single-family detached (SFD) homes in the…
June 25, 2025
De-Skilling the Knowledge Economy
Key Points Introduction As David Veldran and I examined in our 2024 report, The Age of Uncertainty—and Opportunity: Work in the Age of AI, forecasts of how artificial intelligence will affect jobs and skills are remarkably uneven and often contradictory.1 This is less a matter of poor methodologies or lack of investigation than it is…
June 25, 2025
Yes, there’s still a shared American story. If we’re to live in freedom, we need to embrace and defend it.
A year and a half ago, I wrote an essay in The Social Breakdown arguing the need for a revived civic national story and the existential consequences for the country not having one. Even more so today, protecting our liberal democratic experiment requires that Americans set aside their partisan or policy differences. But we need…
June 24, 2025
Public Housing and Rental Subsidies
Since the 1930s, the federal government has subsidized local housing projects aimed at uplifting the poor. The specific policies have evolved, but the theory has been that federal aid is needed because the states cannot solve their own housing problems and private markets fail to invest in affordable housing. Federal housing efforts are led by…
June 24, 2025
Putting the CBO’s Estimates of SNAP’s Work Requirement into Context
Recent proposals to expand the work requirement in the Supplemental Nutrition Assistance Program (SNAP) have been almost universally portrayed as a punitive effort to push low-income recipients off the program. Indeed, the Congressional Budget Office (CBO) estimated that over 3 million people will leave SNAP due to the work requirement expansions. However, it is important…
June 24, 2025
Why Do Republicans Support the Low-Income Housing Tax Credit?
President Donald Trump’s “big, beautiful bill” aims to avert the tax increases that would result from the expiration of the 2017 Tax Cuts and Jobs Act, and it’s drawn criticism for not doing enough to reduce the debt or deficit. Earlier in June, The Washington Post reported on publicly funded homes in some cities costing taxpayers more than…
June 23, 2025
Boston’s Backward Housing Policy: More Demand Will Only Exacerbate the Supply Crisis
Boston’s housing policies keep treating symptoms while ignoring the disease. Last month, the city proudly unveiled its Co-Purchasing Housing Pilot Program, offering $50,000 in zero-interest, deferred-payment loans to help lower-income households cover down payments and closing costs on multi-family homes. The idea is to allow multiple individuals to pool resources and purchase homes together. It sounds…
June 23, 2025
The Future of Work Is a Liminal Space
It’s been another breathless week in the business of projecting how artificial intelligence will reshape the US (and global) labor markets. Following Anthropic CEO Dario Amodei’s warnings of an AI “bloodbath,” several major tech companies announced plans to make significant workforce reductions, citing AI efficiencies as the reason. LinkedIn co-founder and Netflix board member Reid Hoffman stepped into the conversation…