While most persons in the United States live in housing that reflects America\u27s prosperity and high quality of life by global standards, the plight of the nation\u27s growing number of low- and moderate-income households has worsened during the 1980s. A 1988 report by the Joint Center for Housing Studies of Harvard University on the state of housing in America today depicted a distressing picture of the housing prospects for the nation\u27s less wellto- do and portended an affordable housing crisis.\u27 Regrettably, the the Tax Reform Act of 19862 has only worsened this crisis by failing to consider the legislation\u27s deleterious effects on low- and moderate- income families and individuals hoping to find decent and affordable housing
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