Demand for homes in Kansas is high, but construction of new homes has been slow for more than a decade. Kansas saw a significant drop in home construction after the Great Recession, contributing to a housing shortage today that drives up prices. That shortage of supply is pushing up the costs of homes on the market, making it even more difficult for buyers to purchase an affordable or middle-market home. The trickle-down effect of the tight market is believed to be contributing to a lack of affordable housing and rising homelessness in the state.
Source: KCUR News
