Common

Housing crisis in the United States

Housing shortage and inflation

Housing crisis in the United States

Common card · No. 449009

For decades, the United States has faced a growing shortage of housing. The scope and effect of the housing crisis depends on the affected region or segment of the population. The housing shortage has been cited as a major factor in inflation in the US. Artificial scarcity in the supply of housing, due to NIMBYism, has been a significant factor in making housing more expensive. Freddie Mac estimated that the shortage of homes increased by 52%, to 3.8 million units, between 2018 and 2020.

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