Is the Housing Shortage Crisis a Ticking Time Bomb? Experts Weigh In
Download MP3What does the future hold for property prices and housing affordability? The number of home-building permits is falling, and the national single-family home-building permits are down by 12%. Even before this decline, the housing market was still short by 5 million single-family homes from what is needed to satisfy the market's demand. This will only create even more of a shortage of homes in the coming years, especially with the population also increasing.
In this episode, we'll discuss the projection of the housing shortage by 2030 and discuss how at this rate of construction, the housing shortage crisis is not expected to end any time soon without major intervention.
Episode Resources:
In this episode, we'll discuss the projection of the housing shortage by 2030 and discuss how at this rate of construction, the housing shortage crisis is not expected to end any time soon without major intervention.
Episode Resources:
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