1002: The Affordable Housing Crisis Just Got Worse - Episode 1002
Podcast:Investing in Real Estate with Clayton Morris | Investing for Beginners Published On: Thu Nov 23 2023 Description: The US has been facing an affordable housing crisis for years now. Especially since the Great Recession, the number of homes available has been exceptionally low. And in recent years, the pandemic, rising interest rates, and high rates of inflation have only worsened the matter. Estimates vary on exactly how much housing is needed—but the numbers are certainly in the millions. There are a few reasons why there’s such a shortage in homes. On today's show, we’re going to dive into the main factors driving up the cost of housing, plus some realistic solutions that investors can use to bring more supply to the market.