Housing Market: WFH boom makes tight inventory even worse

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The housing market is facing an inventory shortage, and the work-from-home boom makes it worse

The work-from-home boom that began in the pandemic has exacerbated the housing market's tight inventory issues, and it's keep affordability low for buyers.

For example, in New York City, the average household fits about 2.5 people per 1,000 square feed, per a Tuesday Axios report. That pushed home demand higher as Americans sought out more space for home offices, putting additional stress on the housing market.

 

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