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The U.S. Had a Construction Boom, But the Housing Deficit is Somehow Worse

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Manage episode 496269336 series 2813754
Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The U.S. is still millions of homes short—and the gap is growing. In this episode, we dive into Zillow’s latest data showing a 4.7 million-home deficit in 2023, driven by high household formation and lagging construction. We explore how housing shortages in major metros like New York, L.A., and Boston are colliding with affordability challenges, forcing millennials and Gen Z to delay homeownership. Plus, we highlight the 10 most affordable cities to buy a home under $300K, from Detroit to El Paso, and explain why investors should be eyeing these overlooked markets.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1793 episodes

Artwork
iconShare
 
Manage episode 496269336 series 2813754
Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The U.S. is still millions of homes short—and the gap is growing. In this episode, we dive into Zillow’s latest data showing a 4.7 million-home deficit in 2023, driven by high household formation and lagging construction. We explore how housing shortages in major metros like New York, L.A., and Boston are colliding with affordability challenges, forcing millennials and Gen Z to delay homeownership. Plus, we highlight the 10 most affordable cities to buy a home under $300K, from Detroit to El Paso, and explain why investors should be eyeing these overlooked markets.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1793 episodes

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