Plus, overseeing app stores to promote competition and public procurement in Nigeria.
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Brookings Brief

March 22, 2024

Toy houses with coins stacked around them
10 economic facts about rental housing

 

Rental housing in the United States has become less affordable in recent years due to several factors, including a shift in demand for housing in the wake of COVID-19. The result is low vacancy rates (the share of units available for rent without a tenant), high rent inflation, and housing expenditures that strain the budgets of lower-income households.

 

Some of these challenges were most acute when the pandemic was at its peak, but housing instability has lingered, illuminating long-term underlying issues in the rental housing market. Experts from the Hamilton Project highlight key information to know about vacancy rates, federal housing assistance, the rise in unsheltered homelessness, and more.

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More research and commentary

 

Overseeing app stores to promote competition. Mark MacCarthy takes a deep dive on the European Union’s Digital Markets Act, Apple’s recently proposed compliance measures, and the possibilities that this new regulatory regime will usher in a more open and vibrant app industry.

 

Public procurement in Nigeria. Leakages, inefficiencies, and corruption in Nigeria’s public procurement systems are a drain on the country’s development finance. Adedeji Adeniran and Isiaka Akande Raifu explain why past attempts at reform have fallen short and offer considerations for the future.

 
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