Source: Libertarian Institute
by Thomas Eddlem
“Everybody knows housing unaffordability and home sticker prices peaked at all-time highs in 2023, even higher than the peak of the 2007 real estate bubble in real terms. Both sticker prices and median mortgage payments for homes remain today at among the most unaffordable levels in U.S. history. The free market has failed American homebuyers by not building enough homes Americans are willing and eager to buy, the official narrative goes. … the popular narrative is flat-out wrong. And I’ll demonstrate that with hard numbers.” (11/05/24)
https://libertarianinstitute.org/articles/the-myth-of-an-american-housing-shortage