Celebrate, dance to THEIR music. Housing construction is massively overregulated leading to a glut in unaffordable housing being built.
I mentioned the glut of new builds in my post yesterday. Construction remains over-regulated driving up the costs of new builds
As you can see, new single family homes for sale is 511,000. But single family homes under construction was 627,000 units in June.
Not surprisningly, housing completions were up in June, but generally down since late 2024.
Multifamily starts soared in June (red line).
Confounded Interest - Anthony B. Sanders 
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