The U.S. Housing Shortage from a Local Perspective [PDF]

There is a broad, national consensus that the United States has a housing shortage. For decades, housing production and preservation has fallen short of what is needed to keep housing affordable — particularly for low- and moderate-income renters and homebuyers. Yet this consensus masks a deeper truth: All housing is local, and, in attempting both to understand and to meet the U.S. housing supply needs, one must look to local markets.

Read the PDF