In this article DHILENPHM Follow your favorite stocks CREATE FREE ACCOUNTShareholder returns for top homebuilders D.R. Horton and Lennar outpaced the wider S&P 500 between August 2014 and August 2024. Quintero's research suggests lower levels of competition among homebuilders may contribute to the U.S. housing shortage. "The supply shortage that we have estimated [is] anywhere from 2 [million] to 8 million. Some people put it at even 20 million housing units that we are short," said Tobias Peter, co-director of the American Enterprise Institute's Housing Center.

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Persons: LEN PHM, Horton, Lennar, LEN, Luis Quintero, Tobias Peter, Margaret Whelan, Whelan Organizations: Industry, Johns Hopkins University Carey School of Business, American Enterprise Institute's Housing Locations: United States, California, Texas