Everyone Is Talking About the “Affordability Crisis.” It Can’t Be Solved
- Miguel Virgen, PhD Student in Business
- Nov 28, 2025
- 5 min read
The phrase “affordability crisis” has become one of the most common political catchalls of recent years, entering conversations about housing, healthcare, food prices, transportation, energy, and even basic consumer goods. Whether invoked by progressives like Assemblyman Zohran Mamdani or by President Trump himself, the term signals a broad and growing anxiety about the cost of everyday life in America. Yet for all the attention it receives, affordability remains an amorphous and slippery concept—so vague that it can be stretched to fit almost any grievance. And because it is so poorly defined, it is also nearly impossible to solve.
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