Wednesday, June 22, 2016

For every 10 new households formed, 6 homes are built. How’s that working out?

More than a million dwellings needed to be built last year just to keep up with the new households that were created. Yet only 620,000 new housing units were completed, meaning that the nation fell short by 430,000 homes. And that's just in 1 year. So says Laurie Goodman, codirector of the Urban Institute's Housing

from Bankrate.com » Mortgages http://ift.tt/28RYexo

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