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Housing Starts showed a steep decline at the onset of the pandemic. While this trend has reversed, there remains a shortage of affordable housing and

Housing Starts showed a steep decline at the onset of the pandemic. While this trend has reversed, there remains a shortage of affordable housing and mortgage rates have recently begun to rise. Is the American Dream of home ownership still feasible?

Please see the links below for some useful background.

  1. https://tradingeconomics.com/united-states/housing-starts
  2. https://nationalmortgageprofessional.com/news/75268/housing-starts-higher-projected#:~:text=The%20U.S.%20Census%20Bureau%20and,934%2C000%2C%20but%2023.2%25%20below%20the
  3. https://www.washingtonpost.com/business/2020/06/18/mortgage-rates-plunge-record-lows/
  4. https://www.marketwatch.com/story/mortgage-rates-hit-another-all-time-low-as-home-buyers-rush-to-secure-cheap-financing-2020-05-28
  5. https://www.washingtonpost.com/business/2020/07/27/housing-inequality-coronavirus/

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