Housing Market Needs 5.5 Million Units to Meet Demand

Reopening America

The housing market continues to have a much lower supply of homes needed to meet demand and now we have a better idea of how many are needed. A new report by the National Association of Realtors says we need 5.5 million more housing units, everything from single family homes to multi-family units. The report does call for policy responses, some of which are in President Biden’s infrastructure proposal. Nicole Friedman, housing reporter at the WSJ, joins us for more.

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