The Big Squeeze: The Housing Market is so Unaffordable That Builders Have No Choice but to Build Smaller Homes
Fortune, May 17, 2023–Byalena Botros
The Pandemic Housing Boom, which pushed national home prices up over 40%, coupled with last year’s mortgage rate shock, has resulted in a deterioration of housing affordability. This strained affordability means many homebuilders turn to smaller units.
https://fortune.com/2023/05/17/smaller-homes-as-builders-responde-to-unaffordable-housing-market/
