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It all comes back to housing costs. A generation of Americans pushed restrictive zoning policy so they could inflate the price of their biggest asset. Housing
by throwaway6734 4y ago
It all comes back to housing costs. A generation of Americans pushed restrictive zoning policy so they could inflate the price of their biggest asset.
Housing can either be a good investment or affordable, but not both.
- malandrew 4y agoThe US population has also grown by over 50% since 1965 or so. That’s a lot more competition for land. The percent of Americans living in urban areas has also grown over time. Together we have more American competing for limited urban real estate. https://www.researchgate.net/figure/Percent-of-US-Population-living-in-Cities-1790-to-1970-We-include-the-percent-of_fig1_338607779 https://www.researchgate.net/figure/Percent-of-US-Population...
- throwaway6734 4y agoIt's not just urban areas where housing prices have skyrocketed but suburban as well. There's no reason du & tri plexes are illegal in so many suburban areas