Housing Market Dynamics Post-GFC

This chapter analyzes the consolidation of the home building market after the Global Financial Crisis, showcasing how large publicly traded builders dominate new home sales while posing challenges for private builders. It addresses the current housing crisis in America, emphasizing affordability issues and the declining new home deliveries amidst rising costs and regulatory barriers. The discussion explores the implications of these trends on young adults, consumer spending patterns, and the ongoing concerns of student loan debts affecting multiple generations.