Tuesday, December 7, 2021

THE HOUSING CRUNCH IS REAL

HOW WE GOT HERE, HOW WE ADDRESS IT AND THE DEMOGRAPHIC SHIFTS THAT WILL IMPACT WHAT AND WHERE WE CALL HOME


When cash bidding wars take place across the nation — not for unique designer houses, but for everyday fixer uppers in humdrum neighborhoods — there’s a housing shortage. 

By any measure, for more than a decade, there has been an underproduction of housing — largely in single-family but also multifamily.

The housing shortage drives up prices.

It impacts everyone from the millennials finally ready to settle down, start a family and invest their savings — to working poor and impoverished people unable to afford rent for even the most modest of housing units in dozens of major cities.

No comments:

Post a Comment