Hard Costs: The Hard Truth
Share
[aggregation-styles]
My Digital Publication
My Digital Publication
America has a housing affordability problem. I know it, you know it, and consumers certainly know it.
A complex issue with no silver bullet, the lack of housing for people at or below median household income in a given market, at its core, straight out of philosopher Adam Smith’s bible of capitalist economic theory, The Wealth of Nations.
“New housing supplt is not keeping up with rising demand,” said Sam Khater, Freddie Mac’s chief economist, earlier this year. He cites a national shortage of 3.3 million homes, a figure he predicts will increase by 30,000 units this year.
By Rich Binsacca | July/Aug 2020 Issue
RELATED TOPICS:
Tadej Pogacar Wins 3rd Tour de France in Dominating Fashion
Sports /
12 hours ago
Pro-Lifers Helped Bring Trump to Power. Why Has He Abandoned Us?
Opinion /
13 hours ago
Xander the Great! Schauffele Wins the British Open for His 2nd Major This Year
Sports /
13 hours ago
Protecting Domestic Wells a Key Piece of Southern Fresno County Groundwater Agency’s Planning
Local /
19 hours ago
Did Biden Do Right by Dropping Out? Valley Leaders Share Their Views
With news that President Joe Biden had dropped out of the race, leaders at the local, state, and national levels reacted — with some Republi...
Latest /
10 hours ago
Categories
Latest
Videos
![](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/21140617/Composite-Biden-with-White-House-with-Logos-Final-1024x538.jpg)
Latest /
10 hours ago
Did Biden Do Right by Dropping Out? Valley Leaders Share Their Views
![Photo of Nancy Pelosi](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/03/16161206/nancy-pelosi-1-14.jpg)
Politics /
11 hours ago
‘Cold-Blooded’ Nancy Pelosi Was Key to Nudging Biden Out
![](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/21115128/Tadej-Pogacar-won-the-Tour-de-France-for-the-third-time-and-celebrated-in-style-with-a-victory-in-Sundays-final-stage-%E2%80%94-a-time-trial-ending-in-Nice.-AP-Jerome-Delay-1024x538.jpg)
Sports /
12 hours ago