EP 985: Housing Shortage? Is there a REAL Shortage of Housing?

April 21, 2023April 26, 2023

There is a massive housing shortage of 6.5M homes in the US with some cities only building one new home for every 16 new jobs created. This problem of not enough new home building is causing home prices to continue to rise as the supply of homes is being outpaced by household formations.

Here is a link to the data in the article: https://www.nar.realtor/research-and-…

The lack of home building is causing real estate values to go up despite increasing mortgage interest rates.

EP 985: Housing Shortage? Is there a REAL Shortage of Housing?

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