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Most of the country never (in recent times) had a housing shortage before now. So it might be a political issue for the people who live in a handful of coastal
by mywittyname 5y ago
Most of the country never (in recent times) had a housing shortage before now. So it might be a political issue for the people who live in a handful of coastal cities, but this isn't a political issue in most states.
I have years worth of zillow pricing emails in my inbox, if I go back to '18, YoY price increases were like <1% in most zip codes and 2-3% in the nicer ones. Recent emails have prices going up 20%+ all over town.
- ProfessorLayton 5y agoI'm in the coast, so I won't pretend to fully understand the markets elsewhere, however, it should be noted that ~50% of the U.S. population lives near the coast, or a constraining border limiting expansion. For a very very large portion of the population it's land use and zoning rules that are constraining supply and causing everyone else to pay more than they otherwise would.