The Ugly, the Bad, the Goodish: Econimica

A constant and well publicized “fact” is that there is a “housing shortage” resulting in low inventories of available homes for sale and rental vacancies. The solution to this shortage as per the NAR, the POTUS, etc. is to build something like 4 to 7 million more housing units to bring prices down, push inventory up, and balance in the rental market. Only problem with this housing shortage “fact” is that it isn’t very factual.

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