Housing Market Will Suffer Due to Supply Chain Crisis

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Bottlenecked ports and shipping delays are inherent offshoots of the ongoing supply chain crisis. It’s very critical for every American to know the supply chain crisis is the latest disaster to happen on Democrat President Biden’s watch.

The supply chain crisis is not going to be a one-and-done problem. This week, Transportation Secretary Pete Buttigieg stated high prices and supply chain problems will still be with the United States in 2022.

Many Americans aren’t aware, but the supply chain crisis impacts more than just grocery stores. In fact, the already volatile housing market in the United States is set to get even worse, thanks to the current supply chain crisis.

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Unfortunate data on America’s housing market

Jerry Howard, the CEO of the National Association of Home Builders, had some sobering news for the country on Monday. During a sit-down with Fox Business, Howard divulged how the supply chain crisis will influence the housing market.

Per Howard, three and four-month delays for necessary products to build homes in America are an issue; these necessary products include concrete, lumber, appliances, drywall, etc.