National Association of Home Builders

Congress passed the 21st Century Road to Housing Act, a bipartisan bill aimed at lowering housing costs and increasing affordability. The bill includes provisions like small dollar mortgages, reduced red tape for construction, and limits on institutional investors. President Trump is expected to sign it.

A critical labor shortage in the U.S. construction industry is exacerbating the housing affordability crisis. Builders report a monthly deficit of 250,000 workers, with aging workforces, insufficient young laborers, and outdated immigration policies cited as key factors. Industry leaders warn that replenishing skilled trades and reforming immigration systems are essential to address a 1.5 million-home housing gap.

A critical labor shortage in the U.S. construction industry is exacerbating the housing affordability crisis, with builders citing insufficient skilled workers to meet demand. This shortage delays construction timelines, increases costs, and limits housing supply, driven by an aging workforce, lack of younger workers, and outdated immigration policies. Industry leaders emphasize the need for workforce development and immigration reform to address the gap.

Red states like Texas and Florida are lowering housing costs by reducing construction regulations and prioritizing new housing development, enabling them to accommodate population growth and business migration. Experts highlight that these states' anti-regulation strategies, combined with infrastructure investments, create a competitive advantage over high-cost states with restrictive housing policies.

Red states like Texas and Florida are reducing housing costs by adopting anti-regulation strategies that streamline construction and prioritize infrastructure investments. These states are attracting migration and business growth by minimizing zoning restrictions, lengthy permitting, and regulatory hurdles, according to housing industry leaders.