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FORT LAUDERDALE, FL-Following a study of Broward County'shousing needs that reveals a "severe housing supply and demandimbalance," Broward Housing Partnership has proposed steps to findsolutions to what it calls "a crisis." The study, commissioned bythe no-profit BHP, was conducted by the Florida InternationalUniversity Metropolitan Center.

The 2002-2005 housing boom is cited as the culprit of theimbalance, according to the study. While housing prices spiked 65%over the past two years, per capita income rose just 6% in threeyears. The study states that 22 of the county's municipalities haveaffordability gaps of more than $100,000 between the median salesprice of a single-family home and the family median income neededto purchase a home. "A major affordability gap also extendscountywide to rental housing and to condominium prices in themajority of cities," it states.