By TheStreet
For years, the narrative around the U.S. housing market has been driven by one consistent theme: America is short on homes. Zillow has been one of the loudest voices shaping that narrative, publishing research that estimates the country is missing 4.7 million housing units. This number has been echoed by the U.S. Chamber of Commerce and cited across financial media.
But a fresh analysis from tax attorney and real estate investor Toby Mathis is complicating that story. Mathis, the founder of Anderson Business Advisors and a bestselling author on real estate investing, broke down the national housing deficit figure in a recent video and argues the conventional shortage narrative misses critical context, particularly for anyone trying to understand where the real opportunities and risks in the housing market are.
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