I’m new to this sub. Why is there a housing shortage when the birth rate has been declining considerably? The national news just said we need 5 million more homes to satisfy the current need. I’m genuinely curious. Thanks!
In: Economics
There isn’t a housing shortage.
There is an economic crisis in big cities where lower income residents can barley afford rent.
One of the big problems is foreign investors and corporations are buying a ton of houses and squeezing the prices for the renters or leaving them unoccupied.
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