Construction key to solving housing crunch, report says
More housing — not just affordable housing — is needed to control rising unaffordability, according to a report issued by the Urban Land Institute.
Climate change, immigration policy, the Covid-19 pandemic and local land-use regulations are all factoring into what has culminated as a housing crisis in America, said officials with the global real estate and land use organization at a presentation in Kalispell on Jan. 17.
Over two dozen bankers, real estate agents, residents, developers and representatives of local nonprofits attended the talk, held in the Arts and Technology Building at Flathead Valley Community College. Presenters discussed two reports detailing regional post-pandemic housing issues and a national forecast for the 2025 real estate market.
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