The National Association of Realtors has released a new report authored by the Rosen Consulting Group, “Housing is Critical Infrastructure: Social and Economic Benefits of Building More Housing,” which outlines the cause and extent of America’s housing shortage—as well as potential solutions at the federal and local policy levels.

"The state of America's housing stock … is dire, with a chronic shortage of affordable and available homes [needed to support] the nation's population," the report says. "A severe lack of new construction and prolonged underinvestment [have led] to an acute shortage of available housing … to the detriment of the health of the public and the economy.”

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