One of the greatest challenges in New Jersey today is a shortage of affordable housing. Too many people are priced out of too many markets. Everyone deserves access to safe homes they can afford, but racist government redlining policies and other discriminatory practices have for generations excluded entire communities of color from this “American dream.”
In Newark, for instance, institutional investors have been buying residential properties wholesale, driving up prices and rent, and driving away longtime residents and vital community organizations. The free market is creating another hurdle for individuals and families who just want to live and thrive in the place they call home.
The above is an excerpt from an op-ed originally published in NJ Spotlight News.
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