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June 28, 2019

Harvard Study Blames Land Costs, Regulations for Depressed New Home Construction Market

 

GlobeSt.com
By John Jordan June 28, 2019

CAMBRIDGE, MA—A recently released report by the Harvard Joint Center for Housing Studies states that household growth is now back from post-recession lows, but new home construction continues to fall short of demand.

The “State of the Nation's Housing 2019″ report released earlier this week at the Federal Reserve Bank of Atlanta found several factors that may be contributing to the slow construction recovery, including excess supply following the housing boom, which took years to absorb, and persistent labor shortages. Read more.

 
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