{"id":195892,"date":"2026-03-18T05:09:25","date_gmt":"2026-03-18T05:09:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/195892\/"},"modified":"2026-03-18T05:09:25","modified_gmt":"2026-03-18T05:09:25","slug":"orlandos-housing-shortage-declared-worst-in-the-nation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/195892\/","title":{"rendered":"Orlando\u2019s housing shortage declared worst in the nation"},"content":{"rendered":"

The Orlando area\u2019s shortage of affordable housing for low-income families has been named the worst in the nation in an annual report<\/a> \u2013 and the rankings weren\u2019t much better for average earners.<\/p>\n

Orlando had just 13 affordable rental units for every 100 families on the extreme low end of the income scale, tying Las Vegas, which has been ranked at the bottom of the list by the National Low Income Housing Coalition for several years.<\/p>\n

It\u2019s the first time the coalition has ranked Orlando worst since 2019. The coalition considers the Orlando region to include Orange, Osceola, Seminole, and Lake counties.<\/p>\n

For middle earners, the Orlando area had 82 housing units for every 100 families, which represented the fourth decline in a row. The region had 106 units per 100 families in 2022.<\/p>\n

Luis Amaro said he remembered when $1,500 could get a family a decently-sized house in a middle class neighborhood.<\/p>\n

Now, he said he\u2019s concerned about his options and his plans to one day buy a home for him and his son.<\/p>\n

\u201cIf you don\u2019t own something here in the next four or five years, you\u2019re going to be left on the outside looking in,\u201d Amaro said.<\/p>\n

When asked if he was confident he\u2019d be able to carry out his plans, he responded negatively.<\/p>\n

Developers have warned<\/a> they expect prices on homes and rental units to rise if the Federal Reserve makes another interest rate cut or two by the summer \u2013 which is now considered by economists to be less likely to happen due to the war in Iran.<\/p>\n

High rates have held back the development of housing units, especially large, multi-family complexes that can offer relief to low- and middle-class families.<\/p>\n

\u201cWe\u2019re in this we\u2019re in this gulf that nobody sees yet,\u201d Craig Ustler said. \u201cYou\u2019re sort of living off that really big amount of supply that came on a few years ago, but that\u2019s largely been absorbed.\u201d<\/p>\n

Click here<\/a> to download our free news, weather and smart TV apps. And click here<\/a> to stream Channel 9 Eyewitness News live.<\/p>\n

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