HOW WE GOT HERE, HOW WE ADDRESS IT AND THE DEMOGRAPHIC SHIFTS THAT WILL IMPACT WHAT AND WHERE WE CALL HOME
Experts also say there’s a shortage of rental housing — which serves a strong purpose of giving people a detached unit, backyard, work-from-home space and flexibility in a 21st century workforce that is more transient for job opportunities.
There is no one culprit.
But most economists and expert researchers agree that material costs are high, labor pools are thin and land-use policy has made it increasingly difficult and expensive to bring housing to market.
While home builders, real estate professionals and public policy experts all
wrestle with issues of housing shortage, high cost of entry and skyrocketing
rent burdens
(when people are spending, 40 percent, even 50 percent of their
entire incomes on shelter alone) — there are other seismic changes.
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