How housing costs got here and where they're going.
| Platform |  | Pricing | Freemium | Publishes | Daily |
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August 2026 Residential Construction
I continue to stand by my general point of view on the current market, though there is so much noise swirling around with tariffs, interest rate volatility, immigrant labor issues, domestic migration volatility, etc., that it is especially...
August 2026 Erdmann Housing Tracker
I wish there was more to talk about in the national numbers.
I wish there was more to talk about in the national numbers. Still just a lot of sideways.
Future Housing Demand
One of the ways to minimize the housing shortage crisis is to point to changing demographics and note that, in a low-immigration scenario, population might stop growing. While I’m sure that’s a real glimmer of hope to the young family who h...
Quick review of 27 years of housing
This post contains some background for the introductory paragraphs from an earlier post about the federal debt. The short version is that the near doubling (on average) of the price/income ratio of American housing is from a supply shortage...
Rent Inflation and the Shortage
One way to see the signals of the housing shortage in commonly cited public data is to compare the CPI estimate of rent inflation to owners-equivalent rent inflation. Since owned homes tend to be high tier and rented homes tend to be low ti...
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Authors
The writers behind this newsletter.
I discovered a new framework for understanding the housing bubble, the financial crisis, and costly housing markets. And, I have developed a novel framework for estimating the effects of supply constraints vs changing demand on home prices.
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