The above subject line is the title of this Forbes.com article. The author focuses on the supply of houses, shifting demographics and massive pent up demand. From the 1950s through the early 2000s, an average of 1.5 million new homes were constructed every year in the U.S. But, over the last ten years, we have averaged only 900,000 new homes per year, creating a massive supply shortage. “A tidal wave of homebuyers is about the flood the market.”
Full Article here: “Biggest Housing Boom In History Has Just Begun”
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