Pent-Up Demand to Spur Housing Recovery in '24: NAHB CEO

The video discusses the current state of the housing market, highlighting the differences from 2008 due to supply shortages. It explores the impact of home builders' sentiment on supply and pricing, predicting a 10% decline in housing prices followed by a rebound in 2024. The challenges of middle-class home ownership are attributed to bad policies and regulatory burdens, particularly in high-cost areas like San Diego. The video concludes with an outlook on market stability post-2024, suggesting a return to pre-Great Recession normalcy.

What challenges do builders face in constructing affordable homes?

How can New York mimic the success of the Carolinas in housing?

What does the future of the housing market look like after 2024?