From the desk of Kris Krohn:
I recommend reading the following article by Ryan Hinricher that discusses the possibility of a shortage of housing in the next few years. 2010 is expected to bring 2.4 million additional foreclosures and builders aren’t building according to the population growth of the country that requires 1.5 million new homes a year in addition. This may lead in the next few years to a shortage that can increase real estate prices in the coming years and make these next couple years the most important for building a real estate portfolio.
For more: http://www.biggerpockets.com/renewsblog/2010/03/01/housing-shortage-looms/
