housing supply crisis

The housing supply crisis occurs when there's not enough available homes to meet the demand from people looking to buy or rent. This shortage can drive up prices, making housing less affordable and harder to find. Causes include limited new construction, zoning rules, high land costs, and economic factors that discourage development. When demand exceeds supply, it puts pressure on the housing market, leading to increased home prices, rental costs, and housing insecurity for many individuals and families. Addressing the crisis requires expanding construction, streamlining regulations, and investing in affordable housing options.