The Las Vegas Valley is short approximately 58,100 homes to adequately deal with its housing crisis, according to a new report from the American Enterprise Institute and the U.S. Chamber of Commerce.

This figure makes up approximately 6.2 percent of the region’s housing stock, the report estimates. The state of Nevada is short approximately 81,000 homes and the entire country is short anywhere from 4 to 8 million homes, a number that has been steadily rising the past few years, according to the report.

“Housing has long been a cornerstone of the American dream and the nation’s economy, but a supply–demand imbalance has pushed the U.S. market into crisis, driving up prices and limiting workforce mobility,”the report states.

Las Vegas finds itself in the middle of a housing crisis as home

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