Learn more about the 2023 and 2024 housing market in RiskWire webcast episode #12, where hosts Eric Fox, Veros’ Chief Economist, and Reena Agrawal, Veros’ Research Economist, unravel the inevitability of the housing supply shortage. Explore the roots of this occurrence, extending beyond the impacts of COVID and Federal Reserve interest rate policies. Discover how historical trends, coupled with the retirement of Baby Boomers, were already setting the stage for a diminished housing supply even before the pandemic. With an engaging exploration of statistics and insightful analysis, this episode provides a comprehensive understanding of the challenges faced by the real estate market.
Key episode highlights include:
- Pre-existing housing supply decline before the COVID-19 era
- The impactful role of retiring Baby Boomers
- Changing household formation trends shaping supply
Gain valuable insights into the complex dynamics shaping the current real estate industry. For a profound exploration of the unavoidable housing supply challenges, watch the episode now.
