New Hampshire's hot housing market has spiraled into crisis, with a shortfall of 23,500 units contributing to a significant impact on the state's economy.
In 2023, New Hampshire Housing found a need for nearly 60,000 housing units by 2030, with some towns facing a severe lack of affordable options.
Employers face challenges hiring due to the housing shortage; as Andy Smith pointed out, the inability to find suitable housing is causing a significant loss of potential job applicants.
Businesses across New Hampshire advocate for diverse housing options to attract younger employees as the economy feels the strain from rising housing costs.
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