Cities are artificially expensive becuase we ban them in nearly every location in the US, and ban new housing in cities.
It would have been an easy fix 10+ years ago, but as the housing crisis got worse and the working class was priced out, building got a lot more expensive and we have a huge labor crisis in addition to the regulatory crisis.
All solvable, but the political establishment and the political power base (homeowners and landlords) are dead set against solving it.
It would have been an easy fix 10+ years ago, but as the housing crisis got worse and the working class was priced out, building got a lot more expensive and we have a huge labor crisis in addition to the regulatory crisis.
All solvable, but the political establishment and the political power base (homeowners and landlords) are dead set against solving it.