The gap between affordable housing and desired locations in the U.S. is widening due to high mortgage rates, construction costs, labor shortages, and zoning restrictions. Midwest and Southern states maintain better affordability and homebuilding balance, while coastal states face severe shortages. Indiana, Iowa, South Carolina, Texas, and North Carolina rank highest for housing affordability and construction activity, though challenges remain with supply-demand mismatches and rising costs.
Continue to full article
