"Housing Shortage in City Persists Despite Construction Boom. A surge in newly completed and proposed buildings in the city has raised hopes of alleviating the long-standing housing crisis. However, a staggering 400,000-unit deficit still looms, casting doubt on whether the influx of new supply will be enough to meet the demand for homes. As the city's population continues to grow, the question remains: will the recent construction boom be enough to bridge the gap, or will residents be left struggling to find affordable housing?"
A rush of completed and proposed buildings outpaces the rest of the nation, but the new supply is still dwarfed by a 400,000-unit deficit of homes in the city.
