- The U.S. has a 3.8M single family home shortage and approximately 54% fewer homebuilders than 15 years ago.
- National Association of Realtors reports that homebuilders would have to build 2M homes per year to catch up, yet there are currently only approximately 1.3M homes built annually.
- The consequences are unaffordability, wealth disparity, and homelessness. The industry cannot solve the shortages itself.
