“There is no single, simple and scalable solution to this supply problem,” and we’ll need to build between 1.1 million and 1.5 million units over the next decade to start making a real dent in the undersupply problem, he said.
Zoning/building codes/planning
Speakers on Wednesday said the U.S. lags behind other advanced nations when it comes to streamlined regulations that promote the construction of
Let’s start with the bad news: The U.S. housing deficit is currently between 1.5 million and 8 million homes (estimates among experts vary widely). And worse, the core reasons for such a shortage cannot be easily or quickly addressed.
But there is good news, too, speakers said Wednesday at the U.S. Housing Supply Summit in Washington, D.C: There is finally widespread political acceptance that we have a housing crisis in this country, and lawmakers on both sides of the aisle are engaging with the issue to boost supply.
At a fundamental level, the lack of supply over the details ⇒
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