Ive heard repeatedly when trying to learn about our housing situation that we don’t have enough homes. I don’t understand how that’s the case or if it’s even true. Who or what is stopping more homes from being built exactly? If the demand is so high and the supply is so low then the suppliers would obviously ramp up production, right?
In: Economics
This is why. [https://fred.stlouisfed.org/series/HOUST](https://fred.stlouisfed.org/series/HOUST)
You have to go back to the GFC to see when this problem started.
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