Housing Market News: February 2024
Bloomberg turned to Zonda’s Chief Economist Ali Wolf to understand the complexities of the US housing shortage.
America’s housing shortage is a hot topic, especially as we lead into the presidential election. So why exactly is the US housing shorting so hard to fix? Bloomberg Television’s Sonali Basak sat down with Zonda’s chief economist Ali Wolf to get a better idea. “We have one of the worst housing affordability crises we’ve ever seen in the nation’s history,” Wolf shared. “If you look at home prices, we are at an all-time high today. Millions of Americans tell us they want to own a home. They just can’t get to a point where they can afford one.” Read the interview on Bloomberg to hear how we got here, who this affects the most, and how political promises could impact the housing market.
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