Why is there a housing shortage?

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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

19 Answers

Anonymous 0 Comments

The rate of corporate ownership of housing has never been higher. Not hard to connect the dots once you’ve been outbid on “starter home” after “starter home” by an out of state LLC that flips it and tries to sell it for 2.5x the price or rents it out for exorbitant sums

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