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With available housing at an all-time low, Madison city planners look to increase density to accommodate rising population

Kurt Paulsen said he can understand that perspective, because for current residents, the market seems to be in good shape.

“We’ve lived in our house for a long period of time, it’s gone up in value,” said Paulsen, a University of Wisconsin-Madison professor of urban planning. “And we refinanced our mortgages at less than 3%. So for the majority of people who are already here, it does not look like there’s a housing crisis, right?”

But Paulsen, who researches housing policy and has written two of Dane County’s housing needs assessments, has many data points ready to illustrate the extent of the housing problem.