#USHouseMarketStructureDraft The U.S. housing market is a complex ecosystem shaped by layers of policy, financing systems, and regional dynamics. At its core, it’s driven by supply and demand—but beneath that are powerful structural forces:

Zoning laws restrict development, limiting supply in high-demand areas.

Mortgage financing, dominated by Fannie Mae and Freddie Mac, shapes who can buy and how.

Investor activity, including institutional buyers, is reshaping ownership patterns.

Affordable housing shortages persist due to rising construction costs and regulatory barriers.

As interest rates fluctuate and demographics shift, the market's structure will be increasingly tested. The real question: can it evolve to meet 21st-century needs?