In June, Townhall opinion columnist Jared Whitley laid out the underlying issues of housing affordability and it all comes down to an issue of supply. Housing researchers estimate that the nation's housing shortage is somewhere between four and seven million homes. "That supply gap has accumulated due to years of underbuilding, restrictive zoning, lengthy permitting processes, and local opposition to new development. When demand consistently exceeds supply, prices rise," Whitley wrote.
NEWS / WORLD NEWS
America Doesn't Have Enough Homes. Let Builders Build.
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WORLD NEWS
America Doesn't Have Enough Homes. Let Builders Build.
SOURCE: Townhall