(09-21-2024, 10:30 AM)mikesez Wrote: It works: reducing zoning restrictions makes houses of all types more affordable.
https://www.nbcnews.com/business/real-es...rcna170857

Meanwhile, AOC is out there, as usual asking the right question but getting the wrong answer: https://www.theguardian.com/us-news/2024...using-bill

Her plan is for the federal government to buy up existing properties, then sell them back to non-profit entities that will be covenanted to keep the rent "affordable".  Basically introducing rent control to areas that don't have rent control, and making rent control more complicated in areas that do. Of course like most welfare programs, there will be lots of paperwork, people won't have a clear understanding of who qualifies and why, and once people get in the program they will actually be incentivized to keep their wages low so they can stay in the program.

Don't do that.
Just let the private sector build more homes.