Zillow CEO: 'The housing affordability problem is an availability problem'

The housing affordability problem is an availability problem. The supply side of the market has been far depressed for far too long. We Zillow estimates we are 5 million homes underbuilt.We've been accumulating this deficit since the global financial crisis, which is why the 21st Century Housing Act that came out from the House yesterday, we think is a great step towards that. We were really pleased to see how focused that is on supply, on streamlining permitting, regulatory reform to get it easier to build ...