How big is the US housing shortage? 10 million homes
AP News
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White House economists estimate the United States has a shortage of 10 million houses.
That’s according to a report out Monday.
It says more construction would lower prices, increase home ownership and fuel faster economic growth.
President Donald Trump’s approval ratings have slumped because of concerns over his handling of the economy.
Trump has taken some steps to make it easier to build houses, but he’s been slow to embrace other measures.
The new report is from the White House Council of Economic Advisers.
It lays out a blueprint for how more construction could help the middle class and the economy, setting up an argument Trump could make to voters.
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New White House report has plans to fix US housing shortage of 10 million
Al Jazeera —
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The U.S. is short 10 million houses. A new White House report lays out a blueprint to fix that
PBS —
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The US is short 10 million houses. A new White House report lays out a blueprint to fix that
The Independent —
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How big is the US housing shortage? 10 million homes
AP News —
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The US is short 10 million houses. A new White House report lays out a blueprint to fix that