Quick-rising dwelling costs and rents nationwide illustrate that provide has did not sustain with housing demand: the nation has a scarcity of almost 4 million housing items. However one other problem is that America’s housing inventory is getting older—particularly in locations the place inhabitants development is flat or slower than in different components of the nation. Researchers ranked cities and states by the median residential dwelling age as of 2020, the newest information accessible, with decrease dwelling ages being ranked larger.
Initially revealed on inspectionsupport.com, a part of the TownNews Content Exchange.
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