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The ‘ever-worsening affordability crisis’ in housing came from decades of underbuilding, industry group says

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Even the people who want to sell you a house think it’s too expensive.

The severe housing shortage in the US — caused by an underinvestment in housing construction — has led to spiking rent and home prices, and an “affordability crisis.” That’s the official opinion of the organization that represents 1.3 million realtors nationwide. 

The National Association of Realtors (NAR) released a report last month, written by members of the Rosen Consulting Group, that examined the impact that decades of underbuilding has had on the housing market. It found the gap between housing supply and details ⇒

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