Assessing JD Vance's Appeals to the Middle Class on the Campaign Trail
Briefly

Economists and real estate experts say that while migration, including illegal immigration, has contributed to population growth and thus demand for housing, it is not a main driver of the country's housing affordability crisis.
Daryl Fairweather, the chief economist at the online real estate brokerage Redfin, said Mr. Vance's claim ignores the root causes of the housing shortage, which is that we just stopped building homes, especially in places where people want to live the most.
After the Great Recession, the number of new homes built annually plummeted and never really recovered in the two decades that followed.
As a result, researchers and real estate firms now estimate a nationwide shortage of 1.5 million to seven million housing units.
Read at www.nytimes.com
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