These Are the U.S. Cities Where It Costs Too Much to Build
Regulations and sky-high land prices are scaring off apartment developers.
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The U.S. needs more new housing.
Existing homes are in short supply for both buyers and renters, from bustling coastal metropolises to smaller inland cities. Home seekers are bidding up prices and historically low ownership rates mean more people are renting, triggering fierce competition for leases. There are signs that rent growth is slowing—it’s just not slowing quickly enough.