Within five years, the construction of new homes in the country’s hottest markets is projected to slow to near-zero. Less construction, fewer homes, and fewer jobs – all at a time when the country needs more housing than ever.
Within five years, the construction of new homes in the country’s hottest markets is projected to slow to near-zero. Less construction, fewer homes, and fewer jobs – all at a time when the country needs more housing than ever.
Next? There’s still one happening now and no reasonable path for it to end.
Yeah, I’m not sure where they get the impression that we aren’t in the middle of a crisis right now. I guess average prices in TO dropped a couple of percent, but I don’t think anyone under 50 has seen their situation improve.