U.S. Faces Widening Housing Shortage of Nearly 4 Million Homes, Spreading from Cities to Suburbs and Rural Areas

The U.S. has a housing shortage of 3.9 million homes as of 2021, up 3% from 2019 according to a study by Up for Growth.

The housing shortage is now shifting from urban areas to suburbs, small towns, and rural areas.

California has the most severe housing shortage at over 881,000 homes. Utah and Idaho are also in the top 10 states with the most severe shortages.

No state is providing enough housing for its citizens according to the study. The shortage makes the nation less diverse and dynamic.

The study recommends policymakers prioritize funding for diverse housing types and infrastructure to reverse the trend of housing underproduction.