New study warns Wisconsin facing workforce housing shortage

A new study from the Wisconsin Realtors Association indicates that while more people are flocking to the state for jobs, the housing availability has not kept up with the workforce increases.

The author of the study, Kurt Paulsen, noted that the number of building permits and new housing lots never came back up after the Great Recession nearly a decade ago.

“Our fastest-growing counties, such as Dane, Brown, and Waukesha, have collectively under-produced 15,000 housing units in the past decade,” Paulsen wrote...

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Ken Notes: In Madison we are building for the wealthy because it is profitable. That leaves us with virtually no sub 150K homes and escaping to the burbs is not offering much relief.