Angus Peterson
Jul 13, 2021

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The Wall Street Journal has the summary.

https://www.wsj.com/articles/u-s-housing-market-is-nearly-4-million-homes-short-of-buyer-demand-11618484400

From the article, "Freddie Mac reached its shortage figure by assessing the amount of single-family home building needed to match demand from household formation, second-home purchases and replacements of damaged or aging U.S. homes, and comparing that with the pace of construction."

Freddie Mac has the raw data.

http://www.freddiemac.com/research/insight/20210507_housing_supply.page

From the research, "Our estimates suggest that the shortage has increased 52% from 2.5 million in 2018 to 3.8 million in 2020."

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Angus Peterson
Angus Peterson

Written by Angus Peterson

Becoming collapse aware in the age of the permanent polycrisis. Follow to get all the new stories: https://anguspeterson.medium.com/subscribe

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