Sunday, August 19, 2018

Affordable housing is becoming an issue

Zoning restrictions help explain why the price of housing per square foot has soared 188% since 2000 to $421 in Los Angeles vs. 79% to $120 in Dallas. Dallas has been leading the nation in population growth but accommodates that growth via builder-friendly regulations.What you should know about housing right now:
  • Home ownership is key to wealth-building and upward mobility
  • Bay Area Housing Bubble
  • Hot Real Estate Market Leads To Homes Selling Fast
  • Housing Bubble Hurts Wages, Economic Growth, Productivity
  • Affordable Housing Crisis And Low-Income Renters
  • Affordable Housing Requirements Counterproductive?
  • Trying To Sidestep Local Zoning Laws
  • Affordable Housing Crisis Revives Rent Control?
  • Housing Bubble And Suburban Areas
  • Affordable Housing Crisis And Economic Concentration

Full article on Investor's Business Daily

While I fully support "builder-friendly" regulations, these can be a two-edged sword. RESIDENTS MUST GET INVOLVED IN THEIR LOCAL POLITICS. 

No comments:

Post a Comment

Economic Perspectives Update

Retail sales increase modestly Retail sales increased 0.3% in October, nearly reversing a similar drop in the prior month, and above the c...