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The White House just made it official: there’s a problem in the housing sector. Maybe it’s even a crisis. 

On Friday, Secretary of Commerce Gina Raimondo, Secretary of Housing and Urban Development Marcia Fudge, National Economic Council Director Brian Deese, and Council of Economic Advisers Chair Cecilia Rouse held a virtual event with leaders across the homebuilding industry to discuss the housing shortage and increased home prices. According to the White House, attendees included representatives from builders, lumber companies, loggers, labor unions, and more, to discuss “core challenges” across the housing supply chain.

“The first step details ⇒

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