Cities facing a crunch would have to exceed the pace reached at the height of the housing boom, according to a new analysis
By Laura Kusisto | The Wall Street Journal
Faced with a growing affordability crisis, mayors across the country have pledged to build thousands more units of housing. But a new analysis shows to meet those targets, many would have to exceed the pace reached at the height of the housing boom.
Cities such as Los Angeles, Boston and New York will have to build more homes per year than they did from 2000 to 2010—a decade that includes an unprecedented national building boom, although also some of the ensuing bust.
