The U.S. housing market is ______.
Simple answer: "undersupplied."
Boomers and Gen X: "in great shape."
Gen Z: "too expensive."
Our take: "complicated."
The answer to this question depends on your perspective.
We say its complicated for many reasons, including differences between markets, differences between households (rented and owned), differences in preferences and needs (especially unit sizes), and--importantly--differences in supply.
This chart begins to get at some of these differences.
What's your answer?
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