Weekend Edition: How Building Codes Have Fueled Create Gigantic Housing Supply Gaps
Description
The affordable housing crisis in the U.S. is getting worse, according to a new report from the Joint Center for Housing Studies of Harvard University. While many factors are to blame for the increase in cost-burdened homeowners and renters, experts agree that constrained supply is keeping housing costs elevated.
Many point to the strict zoning ordinances in most cities as the primary barrier to new housing construction. The YIMBY (“Yes In My Backyard”) movement, which has support from both sides of the political spectrum, aims to relax zoning laws in cities across the nation. Will it create r?
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