The $180 billion US residential Kitchen and Bath (K&B) market is a bellwether for consumer spending on home improvement.
Building Market Intelligence
How Many Homes Are Enough?
2 million? 4 million? 5 million? Though the exact number of homes needed is up for debate, no one denies there is a housing crunch in the US. John Burns Real Estate Consulting’s chief demographer, Chris Porter, recently wrote a white paper called America’s Needed Housing Construction that tackles this complicated question. How many homes do we really need? Can they be built? What are the disconnects between what can and should be built? We outline some answers to these questions in this podcast.
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