The housing shortage is taking a toll on the rental market.

buyers forsake homeownership, the rental market is likely to become even more expensive in the months to come.

"These still-rising prices also reflect a pre-existing housing shortage that will likely continue to push rent up in 2022," Zumper researchers wrote. and new-home construction remains at its slowest pace since 1995. The decline in homebuilding is putting additional pressure on costs, pricing out many would-be buyers.

In 2021, the median home sales price increased 16.9% from 2020, marking the highest on record going back to 1999, according to the National Association of Realtors. Home sales also increased 8.5%, which is the strongest year since 2006. Frustrated with costs and increased competition, many buyers are

Must be rigged. Not logical unless simply a rebound.

Build fewer strip malls....more affordable housing.

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