Depending on where you live, you may feel that the rent – or the mortgage – is too damn high. One reason for this? We aren’t building enough new housing stock, particularly in city centers where demand is high and supply is low.
One way to illustrate this is to look at the median age of housing stock across the country. I took American Community Survey data on this and mapped it nationally, at the zip code level. A small version of the map is below but you’ll want to click it for the full version – trust me, it’s worth it.