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2022 - Up for Growth - Housing Underproduction

Trends and policy

Housing underproduction in the U.S.

Source: Up for Growth

Report date: July 2022

Up for Growth's 2022 report tracks nationwide housing underproduction by county and metropolitan area and considers the factors contributing to this deficit. The report ties underproduction to a rising affordability crisis in the U.S.

Highlights

The U.S. is 3.8 million homes short of meeting housing needs, double the number from 2012.
47 states and Washington, D.C., experienced an increase in the underproduction of
homes.
California has the largest deficit of homes at 980,000.
From 2012 to 2019, the housing deficit became more severe in 230 metropolitan areas, and only 25 regions saw their housing deficit shrink.
Almost two-thirds of urban residents and more than half of Black, Hispanic, and Asian survey respondents expressed significant concern about local housing affordability.