The US housing shortage is likely to get worse
- Seattle, Portland, San Francisco
- 2022/08/09
Rate-hikes and economic headwinds are making it harder to fill a severe shortage of affordable housing in America.With rates up, it’s just put a lot of buyers on the fence and into the rental market because they can’t afford mortgage payments.The mortgage payment on a medium-price home ↑ ~50% yearly.
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