Why is there a housing shortage?

439 viewsEconomicsOther

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

It’s the boomers screwing over the millennials. They are using the wildly increased value of their houses to fund their retirements. It’s a generational wealth transfer in progress.

You are viewing 1 out of 19 answers, click here to view all answers.