It makes financing single family homes near impossible for speculative builders. Builders need to find a buyer to do the financing before construction can start

It makes financing single family homes near impossible for speculative builders. Builders need to find a buyer to do the financing before construction can start. Actually it makes private financing difficult for all builders, but then it created easier programs through hud to finance section 8 multi family apartments. Which is why you see crappy apartments being built at a faster rate than cookie cutter homes were being built in 2007. Zoning is part of it as well, but zoning on its own does nothing if people can't get financing to build. And a large majority of the population will only buy what's already built, and won't finance new construction on their own.