New Survey Finds 6.45 Million Inadequate U.S. Homes: What It Means for Housing & Investors
New data from the American Housing Survey reveals that 6.45 million U.S. homes failed to meet basic living standards in 2023 — including 1.65 million classified as severely inadequate. These homes lack essential features such as reliable heating, safe electrical systems, running water, or have major structural problems.
In this episode of Real Estate News for Investors, Kathy Fettke breaks down what the survey tells us about the quality of America's housing stock, where inadequate homes are most concentrated. We also examine the growing divide between renters and homeowners, the financial pressures facing households living in inadequate housing, and what this data signals for investors focused on renovation, value-add opportunities, and the future of housing supply.
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