The housing crisis is one of the biggest challenges facing the country. The housing shortage has caused an increase in home prices and apartment rents. While construction costs and limited labor play a big part in this, the limited availability of developable land is the biggest challenge at hand. “The lack of developable land today is a direct result of the Great Recession when the housing and financial markets crashed,” BTI Partners CEO Noah Breakstone told GlobeSt.com. “Today, we are seeing the consequences of a relatively prolonged gap in the acquisition, entitlement, and development of land for new residential communities nearly a decade ago.” (Link in bio) . . . #florida #fl #realestate #development #housingmarket #developableland #floridamarket #housingshortage