Zoning restrictions help explain why the price of housing per square foot has soared 188% since 2000 to $421 in Los Angeles vs. 79% to $120 in Dallas. Dallas has been leading the nation in population growth but accommodates that growth via builder-friendly regulations.What you should know about housing right now:
- Home ownership is key to wealth-building and upward mobility
- Bay Area Housing Bubble
- Hot Real Estate Market Leads To Homes Selling Fast
- Housing Bubble Hurts Wages, Economic Growth, Productivity
- Affordable Housing Crisis And Low-Income Renters
- Affordable Housing Requirements Counterproductive?
- Trying To Sidestep Local Zoning Laws
- Affordable Housing Crisis Revives Rent Control?
- Housing Bubble And Suburban Areas
- Affordable Housing Crisis And Economic Concentration
Full article on Investor's Business Daily
While I fully support "builder-friendly" regulations, these can be a two-edged sword. RESIDENTS MUST GET INVOLVED IN THEIR LOCAL POLITICS.
While I fully support "builder-friendly" regulations, these can be a two-edged sword. RESIDENTS MUST GET INVOLVED IN THEIR LOCAL POLITICS.
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