Housing Shortages Everywhere

Historically low mortgage rates. Historically strong demand for homes. Historically low supply of homes. Wut?
The construction industry grew two-thirds slower than every other industry during the past 20 years. (Source: McKinsey)
The Bucket Brigade: How the most advanced economy in the world handles construction billing. Lenders can only hope that their money ends up in the right hands. (Illustration: Gosling Media)

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