Ive heard repeatedly when trying to learn about our housing situation that we don’t have enough homes. I don’t understand how that’s the case or if it’s even true. Who or what is stopping more homes from being built exactly? If the demand is so high and the supply is so low then the suppliers would obviously ramp up production, right?
In: Economics
Like 90% of the land in every US city is zoned exclusively for detached single-family homes. This is the least dense, most land-expensive type of housing that exists, and there’s frequently no new land left to build on. These cities lack the middle-density flats, duplexes/triplexes/quads, townhouses etc. that are smaller, use less land, and cost far less to live in.
Latest Answers