HOW WE GOT HERE, HOW WE ADDRESS IT AND THE DEMOGRAPHIC SHIFTS THAT WILL IMPACT WHAT AND WHERE WE CALL HOME
Robert Dietz, NAHB chief economist, links the housing shortage to five Ls:
3) Lending
Dietz said there are issues with access to mortgages, but his lending issue is with policy and market conditions that impact home builders and land developers.
Seventy percent of homes are dependent on loans from community banks.
Since the Great Recession, lending is
much more difficult to get for land acquisition and development.
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