New economic report proposes housing shortage solution
The annual Economic Report of the President was released on April 10, 2026 and estimated that the United States has a shortage of 10 million houses. The housing chapter of the annual economic report proposed that reducing various regulations on residential construction could help spur the construction of as many as 13.2 million homes.
That could add, on average, 1.3 percentage points to annual economic growth over the next decade, as well as support 2 million manufacturing and construction jobs. The housing chapter of the annual report also lays out a blueprint for how more home construction would help the middle class and the overall economy.
