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New Report Shows US Housing Supply Falls Far Short of what is Needed

New Report Shows US Housing Supply Falls Far Short of what is Needed

CAMBRIDGE, MA – With the nation’s economy on sound footing and incomes on the rise, the number of people forming households in the United States has finally returned to a more normal pace. Housing production, however, has not. The 2019 State of the Nation’s Housing report from the Harvard Joint Center for Housing Studies documents how the housing shortfall is keeping pressure on house prices and rents, eroding affordability for modest-income households in many markets. 

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