California’s housing shortage is the biggest in the nation, by far

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Nearly half of U.S. states aren’t producing enough housing to keep up with growing demand and California is the biggest culprit, according to one measure of production over the last 15 years.

A report by consulting firm ECONorthwest found California is short by 3.4 million units, accounting for more than half the 7.3-million-unit shortage nationwide, the Wall Street Journal reported. Nevada, Arizona, and Massachusetts also have significant shortages.

Read more on: https://therealdeal.com/la/2018/04/16/californias-housing-shortage-is-biggest-in-nation-by-far/

Source : California’s housing shortage is the biggest in the nation, by far