Why the US housing shortage is likely to get worse
Why the US housing shortage is likely to get worse. Rising interest rates and economic headwinds are making it harder for the U.S. to fill a severe shortage of affordable housing, and the problem is likely going to get worse. The Federal Reserve has been working for months to stanch the sting of inflation by raising rates and slowing the housing market. Home sales and construction have fallen off a cliff this summer as a result.
