The U.S. is now short 4.5 million homes as the housing deficit grows [Yahoo! Finance]
Premier, Inc. - Class A (PINC)
Last premier, inc. - class a earnings: 2/4 07:00 am
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Source: Yahoo! Finance
In 2022, the number of U.S. families increased by 1.8 million, while only 1.4 million housing units were built. Those who live in markets with stricter land-use regulations are less likely to be able to afford the mortgage payment on a typical home. SEATTLE June 18, 2024 /PRNewswire/ -- Despite a pandemic construction boom, the U.S housing shortage grew to 4.5 million homes in 2022, up from 4.3 million the year before, according to a new analysis from Zillow ®. This deepening housing deficit is the root cause of the housing affordability crisis. At its core, the housing market is driven by supply and demand. When the number of people who want a home increases faster than the number of homes available, prices go up. This balance reached a tipping point when the Great Recession ushered in a decade of underbuilding and millennials — the biggest generation in U.S. history — reaching the prime age for first-time home buying. The result has been worsening affordability , now exacerba
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PINC
Earnings
- 5/7/24 - Beat
PINC
Sec Filings
- 6/11/24 - Form 4
- 6/10/24 - Form 144
- 5/29/24 - Form 4
- PINC's page on the SEC website