Get the latest tech news

U.S. now short 4.5M homes as housing deficit grows


Press releases The U.S. is now short 4.5 million homes as the housing deficit grows Jun 18, 2024 The growing housing shortage is the primary reason for the affordability crisis - From 2021 to 2022, the U.S.

"The simple fact is there are not enough homes in this country, and that's pushing homeownership out of reach for too many families," said Orphe Divounguy, senior economist at Zillow. Experts overwhelmingly agree that relaxing zoning laws is one of the best ways to improve affordability, and these types of measures have broad support among homeowners and renters. As the most visited real estate website in the United States, Zillow and its affiliates help people find and get the home they want by connecting them with digital solutions, dedicated partners and agents, and easier buying, selling, financing and renting experiences.

Get the Android app

Or read this on Hacker News

Read more on:

Photo of u.s.

u.s.

Photo of short 4.5 M homes

short 4.5 M homes

Photo of housing deficit

housing deficit

Related news:

News photo

Intel launches apprenticeship for U.S. manufacturing workers

News photo

Kaspersky Lab Closing U.S. Division; Laying Off Workers

News photo

Chinese self-driving cars have quietly traveled 1.8 million miles on U.S. roads