How is it possible that Israel can shoot an intercontinental ballistic missile in outer space, blow the pants off of 3,000 terrorists with their beepers, but for some reason can't figure out how to solve housing?
People are shocked to hear there are 85,000 units on the housing market (3 years of supply) because the media, the agents and the streets all say there is a shortage and you'd better grab a house while you still can.
This analysis by JP Katz takes a closer look at the stats and facts and systemic factors that drive the real housing crisis which is a severe shortage of affordable housing for the working class, housing which ordinary people can afford.
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