America's Apartment Shortage

A blog about business and economics.
March 2 2012 10:56 AM

America's Apartment Shortage

Even as the sale price of homes stagnates, rents are skyrocketing. This new plan to have Fannie & Freddie bulk sell foreclosed homes could help out with that, but as I explain in a new column what we really need are more multifamily apartment buildings.

Matthew Yglesias is the executive editor of Vox and author of The Rent Is Too Damn High.