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Part of that lack of 'single person housing' is a zoning issue. It sets minimum sizes and makes building multi-family units literally illegal. Thus with thing

by novok 5y ago

Part of that lack of 'single person housing' is a zoning issue. It sets minimum sizes and makes building multi-family units literally illegal. Thus with things needing to be a minimum size and multi-family units illegal, developers only go for what is economically viable in an area, which is the SFH. The most capital efficient kind of construction is actually the large wooden house designed as a fourplex. You also get more total rent & $$$ sold from multi-units than you do from a single family house, because multi-units are more land efficient. If developers were not limited, you would see a lot more of them.

bradlys 5y ago
> If developers were not limited, you would see a lot more of them. I agree to some extent. In the end - I blame developers and the political climate of demanding that your house always appreciates in value... Which is beneficial for existing homeowners who choose to not move and for developers. However, it's not beneficial to those who do not own. I think capitalism, a lack of social safety net, and people looking for anyway to get even a small win in our horrible system is why we see such unjust dynamics in the market.