Large homebuilders have used mergers and acquisitions to grow their positions in several key housing markets since the 2008 subprime mortgage crisis. The industry’s consolidation coincides with a slowdown in construction productivity and contributes to escalating prices for buyers and renters, experts say. As an economic tightening cycle initiated by the Federal Reserve freezes real estate development, politicians are promoting policy tools that could alter how homes are built in the U.S.
Chapters:
00:00-01:06 Cold Open
01:06-03:40 Chapter 1 – Home supply
03:40-08:16 Chapter 2 – Mergers & acquisitions
08:16-11:11 Chapter 3 Regulation
Produced and Edited by: Carlos Waters
Supervising Producer: Lindsey Jacobson
Animation: Jason Reginato
Additional Footage: Federal Reserve, Getty Images
Additional Sources: Associated Press, American Enterprise Institute, Census Bureau, Competitive Enterprise Institute, D.R. Horton, Federal Reserve, Hogan Lovells, John Hopkins University, Lennar, National Association of Home Builders, U.S. Securities and Exchange Commission, White House, Zillow, Zumper
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to be more successful and confident with your money? Take CNBC Make It’s new online course. Our expert instructors will help you master your money and discover practical strategies to boost your savings, reduce debt, and grow your wealth—in a way that works best for you. Enroll in "Achieve Financial Wellness: Be Happier, Wealthier & More Financially Secure" to start your journey to financial freedom today! Get a 30% discount with the coupon code EARLYBIRD until September 2, 2024: https://cnb.cx/3WiasGB
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#CNBC
#homeownership
#homebuyers
#realestate
Why The U.S. Can’t Build Homes Fast Enough
Author: CNBC
Go to Source
News post in August 25, 2024, 6:04 pm.
Visit Our Sponsor’s:
News Post In – News
