Steps the Federal Government can take to alleviate the Housing Crisis
Some parts of the United States, such as California, are now facing a serious housing shortage that threatens the economy.
Economic growth in the Golden State will slow in coming years economists, at the University of California (UC) at Riverside and UCLA concluded. Job growth in California will slow to 1.7% in 2017 and 1.1% in 2018 largely because of high-housing costs; a report from UC Riverside forecast, California’s job creation rate was 2% in 2016.