New housing start data last month showed America is going to build 10% less homes this year than last (thank you, inflation & rising interest rates!). But did you know that even last year we didn’t build enough homes to keep up with new household formations? The U.S. has a 3.8 million unit deficit in housing. Does that mean there may still be some investment opportunities in this space despite rising interest rates? Take a look and let us know what you think!