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U.S. now short 4.5M homes as housing deficit grows

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Re: U.S. now short 4.5M homes as housing deficit grows

#81

Question for anyone who may know from experience: where are all the people coming from? It's a question everyone in my home city keeps asking after seeing all the new developments, and never really investigating an answer I guess. They keep squishing in apartments and tract housing everywhere there's a postage stamp of land, and it's sold the next day. Even wayyy out in the rural county. My very quiet road was a traf…

Older generations are "aging in place" and occupying entire 4 bedroom houses instead of a single apartment or room in their children's' homes.

Re: U.S. now short 4.5M homes as housing deficit grows

#82

I'm looking for a house now and the market is crazy, every house is subject to a bidding war and selling for at least 25% over asking, which sucks for folks who don't have the cash on hand to pay the difference (since the bank only covers so much). There is no way this is sustainable. I looked into building a house and while its certainly possible its so expensive that everyone is trying to talk me out of it. Why is…

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