Episode Details
Back to EpisodesHousing Shortage: Location Matters
Description
Toby Mathis, a real estate expert, challenges the notion of a nationwide housing shortage, as reported by Zillow. He argues that the situation is more complex, with varying figures from different sources. Mathis points out that the U.S. has a surplus of housing units, but a healthy market requires a certain vacancy rate. He also highlights the issue of uninhabitable units and second homes not entering the market, particularly in low-demand areas. The real crunch is in affordable housing in high-demand states like Texas, Arizona, Florida, Tennessee, and Nevada. Homeowners with low-interest mortgages are also contributing to the supply shortage. Mathis advises smart investors to be mindful of location and market conditions before investing.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/be60d631f3e98232