The Commerce Department reports March housing starts Tuesday, giving us a snapshot of new home construction. U.S. housing production is finally returning to pre-recession levels, but a new report underscores that we’re still not building new homes fast enough to meet demand in 22 states. And while much of that demand is in the state of California, other states outside of coastal areas are feeling shortages as well. So what might help fix that?
Click the above audio player to hear the full story.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.
Give today and get our limited edition tote.