"Housing Market Boom Hits City, But Can't Keep Up with Demand. Despite a surge in new construction, the city's housing market is still struggling to meet the needs of its residents. A recent influx of completed and proposed buildings has brought a much-needed boost to the market, but it's a drop in the bucket compared to the staggering 400,000-unit deficit that still plagues the city. With demand far outpacing supply, will this new wave of construction be enough to ease the housing crisis, or will it only serve to drive up prices and further exacerbate the issue?"
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.
