
A new study shows Vermont needs to build 7,000 new homes every year for the next 25 years − a total of 172,000 new homes − to keep up with demand and end its chronic housing shortage by 2050. If that sounds daunting, it is. The state's peak year for building homes was 4,800 in 1988. In 2023, building permits were issued for 2,456 homes statewide, an improvement over the historic low of 1,300 permits in 2011 − but nowhere near the 7,000 new homes annually that are required, according...