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Realtor.com chief economist Danielle Hale told FOX Business that the U.S. is facing a deficit between 2.5 million and 7.2 million homes, which underscores the dire need to build more housing.
Still, Fed Chair Jerome Powell has said the crux of the country’s housing crisis is a supply issue—something the central bank can't address. To put it plainly, there are just not enough homes ...
The "YIMBY" movement is a political effort to tackle the country's housing shortage by increasing the housing supply with strategies like changing zoning codes and other regulations that limit ...
Americans are in the throes of the worst housing affordability crisis in decades. Baby Boomers aren’t parting with their homes, insurance costs are skyrocketing, mortgage rates are sky-high and ...
In addition to shortage and affordability issues, the term "housing crisis" has been used for overlapping concepts such as a "fair housing crisis," involving residential discrimination and effects of segregation; an "eviction crisis"; issues of gentrification and displacement; and environmental concerns.
The housing affordability crisis has grown so significant that commentators think it could be a big topic in the 2024 presidential election. President Joe Biden is clearly alert to the issue and ...
Despite the breadth of and critical praise for the initiative, [9] as well as the administration's claim that the largest number of homes since 2006 were built under the plan, critics pushed against the administration for not leading enough on bipartisan negotiations with Congress, [10] and not working hard enough with the private sector to bring down housing costs.
From suburban New York to rural Montana, candidates for U.S. Congress are getting an earful from voters stressed by stratospheric housing costs, interviews with Democratic and Republican campaigns ...