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If you live in the middle of NY or San Francisco maybe, but if you actually look at the map it is the Midwest and south that are having issues. The problem isn
by codeddesign 10y ago
If you live in the middle of NY or San Francisco maybe, but if you actually look at the map it is the Midwest and south that are having issues. The problem isn't housing..there are enough houses. The problem is that people don't have blue-collar jobs and the housing that is being built is geared towards higher wealth brackets. The carolinas for example: with limits on zoning permits and fees, it's more cost effective to build high-end homes. No one wants to build low end homes...it all really comes down to income inequality. If anyone actually read the article, it's not about homes but about the blue collar work force not having enough income to live where they live.
- ktRolster 10y agoI can't speak for the midwest or south, but in rural California, the problem is the same: housing prices rise because there is no zoning for new houses. There is no zoning for new houses, because people don't want their town to change and grow. The carolinas for example: with limits on zoning permits and fees Exactly. If you can't buy a house for less than $100k, then you can be sure it's a problem that can be solved by building more houses (ie, allowing it to happen through zoning and permits).