Why the U.S. can't build homes fast enough

Large homebuilders have grown their positions in numerous key housing markets since the late 2000s financial crisis. Their growth coincides with long-term slowdowns in building permitting and construction productivity which contribute to escalating prices for buyers and renters, experts say. As an economic tightening cycle slows real estate investment, politicians are promoting policy tools that could alter how homes are built in the U.S.

Aug 24, 2024 - 08:00
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Why the U.S. can't build homes fast enough
Large homebuilders have grown their positions in numerous key housing markets since the late 2000s financial crisis. Their growth coincides with long-term slowdowns in building permitting and construction productivity which contribute to escalating prices for buyers and renters, experts say. As an economic tightening cycle slows real estate investment, politicians are promoting policy tools that could alter how homes are built in the U.S.