What are some of the key obstacles that surround the presence of affordable housing?

Key obstacles to affordable housing include rising construction costs, which can make it economically unfeasible for developers to build low-cost units. Additionally, zoning regulations and land-use policies often favor single-family homes, limiting the availability of land for multifamily developments. Furthermore, community opposition, or NIMBYism (Not In My Backyard), can hinder projects aimed at increasing affordable housing options. Economic factors, such as stagnant wages and rising property values, also contribute to the affordability crisis.