Housing Affordability - House Prices Are Outpacing Incomes Across the Country
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“HOUSING AFFORDABILITY – HOME OWNERSHIP FOR MANY AMERICANS IS NOW OUT OF REACH”
covered 2026-07-10 ▶ Be on the air with Al Jazeera EnglishWatch the moment
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Pinto has warned loose mortgage credit echoes pre-2008 housing risks.
As Co-Director of AEI's Housing Center, Pinto tracks U.S. home prices and argues that government-backed lending policies inflate values — risks he says echo conditions that preceded the 2008 financial crisis.
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- 6 years
- 14 years
- 22 years
- 33 years
Guess, then reveal the answer
33 years
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- Approximately 800
- Approximately 2,500
- Approximately 7,000
- Approximately 14,000
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Approximately 2,500
The 1973 Arab Oil Embargo nearly doubled U.S. gas prices overnight.
Arab nations halted oil exports to the U.S. in Oct. 1973, sending gas prices from ~38¢ to over 55¢ per gallon. The crisis led Congress to create the Strategic Petroleum Reserve in 1975 — still used today to stabilize prices.
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