A decade ago, the city — and all of Michigan — had too many houses. Now it has a shortage. The shift there explains today’s costly housing market in the rest of the country. Real Estate and Housing (Residential), Shortages, Prices (Fares, Fees and Rates), Renting and Leasing (Real Estate), Kalamazoo (Mich), Building (Construction), United States A decade ago, the city — and all of Michigan — had too many houses. Now it has a shortage. The shift there explains today’s costly housing market in the rest of the country. NYT > Business