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As residents grapple with rising rents and a shortage of available homes for purchase, housing has become a central theme in Wisconsin’s 2026 race for governor.Wisconsin will need to build at least 84,000 new housing units to address the state’s housing shortage, according to a study this year by Forward Analytics, the nonpartisan research outlet for the Wisconsin Counties Association. The group called that figure a “low-end estimate,” though it’s down from the group’s previous estimate in 2023 because of a decline in the state’s working-age population. “To remain competitive, Wisconsin should not be building for a low-end estimate,” the new report says. “A state that constructs only enough housing for a shrinking workforce is not positioning itself to grow, attract talent, or remain economically competitive through the next decade and beyond.”... Leo's notes: While approaches differ, most candidates acknowledge that Wisconsin faces a significant housing shortage that is driving up both home prices and rents. The emerging consensus among candidates seems clear: Wisconsin's housing challenges can no longer be viewed as a local issue alone. Whether the proposed solutions focus on financing, zoning reform, infrastructure investment, or homeownership assistance, the discussion reflects growing recognition that housing affordability is fundamentally tied to workforce development, economic competitiveness, and population growth. The most effective long-term strategies will likely be those that expand housing supply across multiple price points while helping communities overcome the infrastructure and regulatory barriers that often prevent new housing from being built. Ken Notes: Some of the housing "markets" are already being addressed and do not need help. Higher end homes (say those over 400K) are doing well and do not need incentives. Federal programs are in place for subsidized lower income housing. The housing problem is then more focused on market rate affordable homes from both a price point (i.e. 200K to 400K) and type of units (missing middle). If we focus on this gap in the market we will find the rest of it will be OK. I was also disappointed not to see homeowner equity addressed by any of the candidates. | ||
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