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America's housing shortage is keeping home prices high (www.axios.com)

submitted 2 years ago by lumberjacked@beehaw.org to c/news@beehaw.org

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We’re also seeing a rapid increase in commercial vacancies with WFH. But there are big challenges and costs to turning commercial properties into residential.

I’ve heard a lot about the problems. Surely there’s some good ideas for a solution out there?

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[–] BReel@lemmy.one 1 points 2 years ago

This 100%. There is no shortage of physical houses. There is a shortage of AFFORDABLE houses.

I just went through the buying process. I don't make any crazy money, but a totally fine amount, more then a lot of people (65k/year)

That meant even with a sizable down payment that I was rather lucky to have, my MAX was 200k. That meant I could afford like.... 1/10 of the places for sale where I live.