CEO Jim Tobin outlines four challenges causing a severe U.S. housing shortage, pushing prices higher.

The CEO of the National Association of Home Builders, Jim Tobin, highlights four main challenges causing the US housing shortage: high land costs, a lack of skilled construction workers, government regulations, and opposition to new developments. This shortage, ranging from 2.8 million to over 7 million homes, has led to increased home prices and rents. Tobin suggests increasing housing density to address the issue.

November 20, 2024
5 Articles

Further Reading