Coastal and Sun Belt cities are ramping up construction on housing—but not the kind of housing that most people can afford, with supply dominated by larger homes and tiny apartments priced for high-income earners.
That’s according to a new study from the Georgetown University Center on Poverty and Inequality, which studied housing data for Houston, Dallas, Phoenix, Atlanta, Seattle, and Washington, DC.
Those six metros beat national averages for homebuilding, Georgetown found, based on the share of new housing units as a share of the overall housing inventory…