Re:For first time since 1880s, more young Americans live wit...
by antisthenes on Tuesday May 24, 2016 @11:55PM
(#11767563)
> Why is housing more expensive?
Probably because land area is zero-sum and population is twice the size it was in the 60s.
Also rent-seeking, foreign investors buying houses with cash, etc.
It's a combination of factors.
> We should be rezoning inner rung suburbs and cities for increased density housing.
Agreed. Most of the suburbs are hideous, inefficient (most houses built before 1973 have marginal to no insulation) and in many places crumbling from age.
Probably because land area is zero-sum and population is twice the size it was in the 60s.
Also rent-seeking, foreign investors buying houses with cash, etc.
It's a combination of factors.
> We should be rezoning inner rung suburbs and cities for increased density housing.
Agreed. Most of the suburbs are hideous, inefficient (most houses built before 1973 have marginal to no insulation) and in many places crumbling from age.