Can New Zoning Laws Make Housing More Affordable in the U.S.?
The United States is in a housing affordability crisis. Home prices and rents have soared in recent years, while many incomes have not kept up. Millions of Americans struggle to pay rent or qualify for a mortgage. Shutterstock Why havent we built enough homes? Such rules limit how many homes can be built, throttle the housing supply and drive up prices. As housing costs strain most American households, policymakers are asking if changing these zoning laws could help....