Never Seen Affordability Crisis Like This: Fmr. HUD Sec.

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Former HUD Secretary Shaun Donovan warns that the US is facing an unprecedented affordability crisis, citing unprecedented data, making it the nation's top economic issue.

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Market impact analysis based on bearish sentiment with 69% confidence.

Sentiment
Bearish
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69%

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Shaun Donovan, CEO of Enterprise Community Partners and former HUD Secretary, says affordability is the nation’s top economic issue. He tells Katie Greifeld and Romaine Bostick on “The Close” that the U.S. has never seen an affordability crisis of this scale in the history of its data. (Source: Bloomberg)

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Original article published by Bloomberg on December 3, 2025.
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