Confronting the affordable-housing crisis

This is the McKinsey Podcast, where we help you make sense out of our world's toughest business challenges. Welcome to the show. I'm Lucia Rahili and I'm Roberta Fassaro. Whether a family chooses to rent or buy, we believe that their ability to do so that is in an affordable way that meets their family's needs is actually critical to actually having a holistic dream that is America. Best McKinsey partner, J.P.

Julian. He's also a leader in the McKinsey Institute for Economic Mobility. Affordable housing has become a massive issue in the US, and as the New York Times reported in March, federal officials created a task force to identify land that could be used for housing development. We just released an in-depth report about that lack of affordable housing, and in a moment you'll hear the discussion JP and I had about it. But first, here's what's new on McKinsey.com.

There's a report on the state of aviation in which we learn about the plight of low-cost airlines, aircraft shortages, and how to modernize airline planning. Also out is our annual report about private markets, which continue to face uncertain conditions. Both pieces can be found on our website and in our show notes. And now let's dig into affordable housing with JP Julian. JP, welcome back to the podcast.

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