I am convinced that the housing problem CAN be solved. It's not a simple answer, nor a single answer.
Like politics -- it's about meeting people where they are.
For example, many housing units are in HOA developments. Individual HOAs can restrict the number of units a person/company owns, or how many total units can be rented out. This will increase the number of units available for purchase. (It's a movement going on in my area,)
Public-private partnerships can work through zoning issues to construct more multi-family rental units (with 3 - 4 bedrooms, instead of concentrating on studios and 1 bedroom apartments).
Zoning can be revamped to allow for ADUs (Accessory Dwelling Units) - this is going well in parts of California. This is great for "mother-in-law" suites.
Laws can be passed to preclude the massive companies from buying up houses. This enables prices to stabilize, if not go down.
There are LOTS of things that can be done, so long as we look at starting small and building up and out -- as opposed to some gargantuan plan that is doomed to fail because there are so many details for different types of needs.
Excellent, cohesive analysis. Just one more of America's "insoluble" soluble problems.
I am convinced that the housing problem CAN be solved. It's not a simple answer, nor a single answer.
Like politics -- it's about meeting people where they are.
For example, many housing units are in HOA developments. Individual HOAs can restrict the number of units a person/company owns, or how many total units can be rented out. This will increase the number of units available for purchase. (It's a movement going on in my area,)
Public-private partnerships can work through zoning issues to construct more multi-family rental units (with 3 - 4 bedrooms, instead of concentrating on studios and 1 bedroom apartments).
Zoning can be revamped to allow for ADUs (Accessory Dwelling Units) - this is going well in parts of California. This is great for "mother-in-law" suites.
Laws can be passed to preclude the massive companies from buying up houses. This enables prices to stabilize, if not go down.
There are LOTS of things that can be done, so long as we look at starting small and building up and out -- as opposed to some gargantuan plan that is doomed to fail because there are so many details for different types of needs.