Similar Stories to 2 Swing States Show Why The Us Is Struggling To Build Enough Houses on Bing News

iStock; Rebecca Zisser/BIHousing shortages and affordability problems are especially acute in America's swing states.Arizona's population is surging and Pennsylvania's is shrinking; neither can build enough homes.They each represent different reasons the US has failed to meet the demand for housing.Rising home prices and rents are weighing on voters' minds this election season.Renters and homeowners in the handful of swing states that will likely determine the US presidential election — which include Michigan, Wisconsin, Pennsylvania, Arizona, Georgia, North Carolina, and Nevada — have been disproportionately hit by rising housing costs, caused by decades of underbuilding, a surge in new residents, high construction costs, and red tape.Since 2017, "in 6 of the 7 states, home prices have risen faster than the national average, and the national average is already quite high," Alex Horowitz, director of Pew's Housing Policy Project, told Business Insider, citing data from Zillow and Apartment List.

Topics:  ;window.addeventlistener(   ,(function(a){if(void 0!==a.data[   rebecca zisser/bihousing   michigan   wisconsin   georgia   north carolina   nevada   alex horowitz   pew's housing policy project   mario tama/getty imageshousing   ben metcalf   terner center   housing innovation   uc berkeley   labor statistics   pennsylvania metcalf   pennsylvania gov josh shapiro   while governor shapiro   tucson mayor regina romero   vice president kamala harris   president donald trump   federal reserve   redfin   noah sheidlower   us   pennsylvania   arizona   horowitz   business   insider   january   show   struggling   build   swing states   construction   home   years   costs   prices   homes   population   election   shortage   national   rates   average   rents   told   risen   affordability   homeowners   voters   support   shrinking   country   worker   residents   restrictive   sprawling   noted   issue   high   pandemic   growing   first-time   market   suburban   pay   disproportionately   worrying   helped   scarcer   problem   workforce   policies   running   interest   director   demand   failed   rising   acute   live   subdivisions   zoning   rent   promised   groundwater   supply   growth   land   denser   exurban   homebuyers   compared   administration   single-family   shortages   downpayment   
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