It really cannot be understated how few homes we have built since the Great Recession and the terrible impact that has had on COL.

To give an idea of what it takes to solve a housing shortfall, Sweden successfully embarked on a million-homes program over a decade in the 70s when the population of Sweden was 7 million.

NYC recently just celebrated the passage of a zoning reform that allows at most 80,000 new homes, and the population is 8.2 million.