The housing crisis is no longer confined to big cities; it has spread throughout the rest of the country due to insufficient housing relative to population growth.
Since 2010, builders have started about 1.1 million new homes a year, which is far below the 1.6 million needed to keep pace with population expansion.
States are recognizing their housing issues and are working to boost construction speed by reducing regulatory barriers like zoning restrictions imposed on developers.
In places like Kalamazoo, even six-figure earners are struggling to afford homes, prompting government subsidies for developers addressing the housing demand.
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