Tool To Help Understand What It Will Take Solve the Housing Crisis
The housing system functions at various scales, but there’s often a significant mismatch between where housing policy is made and where housing markets function. After all, most people don’t choose where to work or live based on the boundaries of a local government, yet housing policy is so intertwined with local zoning and subsidies (including federal subsidies that flow through to local bodies), that much of the focus of housing policy, research, and advocacy is on local jurisdictions. And though central cities are often the focus of affordability policies and investments, suburbs are often larger and have more opportunities for economic mobility and so have a critical role to play in a regional market’s housing affordability. Read more.
Sourced from Urban Institute