Americans today face myriad divisive political and societal tensions. But we’re finding much common ground when it comes to the nation’s affordable housing crisis.
Prices of rental units and homes have far outpaced incomes for decades. Though the poorest Americans are the hardest hit, the crisis is creeping up the socioeconomic ladder as housing costs increasingly eat upward of 30, 40, or even 50 percent of monthly incomes.
The affordability crisis is almost entirely a function of too much government regulation that makes it illegal to build the types of homes, where they’re needed, to best serve people of all income levels.
Are there market-friendly solutions to this growing problem? Yes!
We just need to know where to look.
While federal and state governments have parts to play, addressing the housing crisis is largely a local issue.
That is, local governments are often the best poised to solve local land use problems locally, with common-sense planning that emphasizes property rights and unleashes private enterprise.
To learn more about local solutions to the housing crisis, we invite you to “get local” with us on October 12. We’ve assembled a dynamic panel of housing experts and stakeholders for this critically needed discussion.