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The housing market is in bad shape as-is. Prices falling for housing would be good for a struggling middle class and below. Some states, like California, have p
by JMTQp8lwXL 7y ago
The housing market is in bad shape as-is. Prices falling for housing would be good for a struggling middle class and below. Some states, like California, have policies that distort a free-functioning market. Many cities have artificially constrained housing stock by limiting new development via zoning.
- 23B1 7y agoI agree that zoning is a big part of this and would be an easy release valve for people who want to own homes. I'm betting with everyone going work remote as well, cities can be more diffuse when commutes become less important.