Rent an apartment? Landlord losing the property to foreclosure? Think you have to move? Think again.

If we don't focus on building new housing, the nation's headed for a crisis larger than the one we've already seen.

That's the warning made by First Trust Advisors Chief Economist Brian Wesbury in a recent interview with Steve Forbes.

Two recent reports suggest loan modification efforts will delay, not prevent, home foreclosures — and those foreclosures will lower home prices for the next several years.

Those conclusions come from studies issued by John Burns Real Estate Consulting Inc. and Standard & Poor's Financial Services LLC.

AOL News published an opinion piece yesterday by U.S. Sen. Jeff Merkley (D-Ore.), and David Abromowitz, senior fellow at the Center for American Progress and partner at Goulston & Storrs in Boston.

"Foreclosures dominate the news," they write, but "there's a larger and more worrisome housing crisis ahead: a looming shortage of affordable rental housing.