eli5: Would making house’s cheaper fix the housing issue?
In: 3
It’s zoning laws more than anything else; they prevent developers from putting a lot of tiny apartments in a small area. If you tell a developer he can only put five homes on the five acres of property he owns, then he’s going to build the five biggest and nicest houses he can, to maximize his profit. But if you let him put 50 tiny, basic homes on the same five acres, he can probably make more money that way.
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