Is the "housing shortage" overblown?

There is not really a shortage of housing. There is a shortage of what people consider to be affordable homes in desirable areas.

There's a massive shortage of affordable homes in low crime/safe areas.

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Is the "housing shortage" overblown?

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Yes.

There’s more than enough housing for renters.

There's a shortage of housing in places that have jobs.

It was easy for me to find an affordable house in Opelousas, not so much in Houston.

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Maybe I don't know because I've owned for a while but is there really that much of a dire situation where we have a massive shortage of homes?

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So many homes are being purchased by big capital investment companies that there is a shortage of homes available for purchase.

I don’t like it, because they want to corner the home rental market.

Granted, I move every 2-3 years for work so I’m not desperate to buy, but homes that I would want don’t allow me to have the home and an apartment wherever I’m working. You can’t find a decent home in a decent area for under $500k unless you want to do a whole home renovation

Nationally there is absolutely a shortage, however real estate is hyper local so people I. Baton Rouge will disagree with people in Lafayette. Combining that with the fact a 400k house with 20% down is still going to be in the ballpark of 2500/mo after taxes and insurance, it’s making a bad situation worse for 1st time home buyers.

Forces much more powerful than individual buyers are manipulating the market to make it more difficult to own.