We really need politicians to start paying more attention to the housing crisis. Housing costs have been such a massive squeeze on literally everyone, and it's an incredibly stupidly self-inflicted wound because for the last 50 years we collectively decided that housing should be a primary investment asset for all Americans instead of a place to live, and fundamentally, you cannot have housing both be a good investment and have it be cheap.
Literally just build more housing. Public housing, subsidized housing, private market rate, yuppie condos, literally anything.
In the last 20 years, we build around a million single-family homes. In that same time period, the population increased by 3 million. There is no universe in which this happens and housing doesn't become significantly more expensive.
Zoning restrictions is a huge cause of housing shortages and higher infrastructure costs.
Biden is giving developers a bunch of money to convert vacant business properties into housing, so it's a start.
A band aid solution to the problem, in my opinion, but I agree it's a start.
We really need politicians to start paying more attention to the housing crisis. Housing costs have been such a massive squeeze on literally everyone, and it's an incredibly stupidly self-inflicted wound because for the last 50 years we collectively decided that housing should be a primary investment asset for all Americans instead of a place to live, and fundamentally, you cannot have housing both be a good investment and have it be cheap.
Literally just build more housing. Public housing, subsidized housing, private market rate, yuppie condos, literally anything.
https://usafacts.org/articles/population-growth-has-outpaced-home-construction-for-20-years/
In the last 20 years, we build around a million single-family homes. In that same time period, the population increased by 3 million. There is no universe in which this happens and housing doesn't become significantly more expensive.
Zoning restrictions is a huge cause of housing shortages and higher infrastructure costs.
Biden is giving developers a bunch of money to convert vacant business properties into housing, so it's a start.
A band aid solution to the problem, in my opinion, but I agree it's a start.