Building Ghost Towns? The Misguided Housing Shortages of America

In today's episode, we delve into the perplexing findings of the National Association of Realtors (NAR) Housing Shortage Tracker. Surprisingly, regions suffering from long-term depopulation and employment decline, yet experiencing modest growth in housing stocks, are marked as areas with housing shortages. This analysis raises critical questions about the criteria used by NAR to define these shortages. Could it be that some metrics are overlooking the realities of local demographic shifts, similar to declaring a housing shortage in rural parts of Japan? Join us as we critically examine the implications of these findings and discuss the broader impacts on housing policy and market dynamics.

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