Shelter Inflation: Is there a Shortage of Houses?

Home prices are soaring. No, it's not a shortage.
Publish date:
case shiller 2021-01

Is there a shortage of houses or simply a shortage of houses that people can afford?

Allegedly there was a shortage of housing in 2007. Then suddenly there was a surplus. 

When prices are surging and speculation is high it appears like a shortage is on the way.

Then at the peak of every market it always seems like there is a major shortage. 

I am not suggesting we are at the peak. 

But alleged shortages are a sign of speculation coupled with free money from Congress and easy money from the Fed.


Fallacy of Wage Growth and a Housing "Shortage" in Pictures

The WSJ says there is a "historic shortage of homes". That's nonsense, but sales are depressed. Why? Real wages explain.

Is There a Shortage of Skilled Labor? Point, Counterpoint

Companies complain about a shortage of labor. Is the complaint real or imaginary?

EU Hit by Massive Aluminum Shortage: Trump Considers Easing Sanctions

The price of aluminum soared in the wake of Trump sanctions. Some EU plants are days from closing because of shortages.

Housing Least Affordable in a Decade

It takes 23.6% of median income to make the monthly payment on the average-priced home.

Vaccine Shortages and Problems With Moderna

There are huge shortages of Pfizer's vaccine and California halted Moderna shots.

Force Manure: Tesla Way Short of M3 Goals, Silicon Carbide Shortage Explanation

Twitter writer skabooshka, @skabooshka claims Tesla production is falling way short of goals due to supply shortages.