From the New York Federal
In The Impact of Building Restrictions on Housing Affordability
the authors argue that in the most of the country housing prices are very
close to construction costs. Where prices are high relative to construction
costs, economic analysis shows that the major culprit is restrictive zoning.
They also point out that many popular policies, like smart growth policies
to increase density, affordable housing mandates, and subsidies, don't do
much to help. Attacking zoning and other regulations on housing is the best
way to make homes more affordable.
this report from the New York Federal Reserve web site.
In Repairing the Ladder: Toward a New Housing Policy Paradigm,
Harvard University's Howard Husock lays out a new approach to affordable
Download this report
from Reason Magazine
More on Housing
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