The U.S. is facing a severe housing shortage. Will Trump's proposals help?

Construction of this $1 billion luxury real estate development in Los Angeles stalled in 2019 after a China-based developer ran out of funding, leaving the three-tower project unfinished amid a housing crisis in the city.

The U.S. is short approximately four million homes. Wharton economist Ben Keys traces the beginning of the housing crisis to the 2008 financial meltdown — and says climate change is making things worse.

(Image credit: Mario Tama)



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