One Solution to the Affordable Housing Crisis Might be Right in Front of Us
marketsbriefing.substack.com
As housing prices continue to rise to record levels across most markets throughout the United States, buying a home or renting an apartment at an affordable price is becoming more prohibitive for many middle and low income Americans. During 2010 through 2020, housing completions for single-family and multifamily housing were 6.3 million units short of the demand arising from household formation and the need to replace housing that has been lost due to demolition and obsolescence.
One Solution to the Affordable Housing Crisis Might be Right in Front of Us
One Solution to the Affordable Housing Crisis…
One Solution to the Affordable Housing Crisis Might be Right in Front of Us
As housing prices continue to rise to record levels across most markets throughout the United States, buying a home or renting an apartment at an affordable price is becoming more prohibitive for many middle and low income Americans. During 2010 through 2020, housing completions for single-family and multifamily housing were 6.3 million units short of the demand arising from household formation and the need to replace housing that has been lost due to demolition and obsolescence.