HOW WE GOT HERE, HOW WE ADDRESS IT AND THE DEMOGRAPHIC SHIFTS THAT WILL IMPACT WHAT AND WHERE WE CALL HOME
The NAR/Rosen report explains that hurrying for solutions to the housing shortage will not only benefit families, but it also will create sustained fiscal success at all levels of government.
“This additional new residential
construction would also be expected to generate more than $53 billion dollars
in new annual tax revenue, including $18 billion in state and local taxes and
$35 billion in federal taxes, reflecting a wide range of activity, including
considerable new federal income taxes related to the new job creation,” the
report states.
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