The U.S. needs an estimated 7 million more homes to house everyone who needs shelter. But to build all those homes, experts say, America would need many more construction workers.
An unprecedented surge in the nationwide construction of new housing — mostly apartments — may finally be making a dent in fast-rising rents that have been making life harder for tenants.
Missoula still faces a supply gap of more than 200 homes and prices are still dancing near an all-time high with a median home value at roughly $520,000.
The measure would have slashed city control over housing projects, nixing certain zoning requirements and speeding up building by getting rid of a lengthy review and approval processes.