Votto
Diamond Member
- Oct 31, 2012
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Listening to the Presidential debate will never inform you about anything, let alone the housing shortage.
All you will hear is Kamala saying she will build more and give money away, but never addressing the causes of the housing crisis other than blaming Trump.
LOL. What useless morons we have in government.
In fact, giving money to first time home buyers will probably just cause prices to go up.
Here are a few articles that shed light into the problem
A shortage of land, lending, labour and materials since the financial crisis in 2008 are the main causes of the US housing shortage, the Moody’s study finds.
This has driven up costs and cut the profit margins builders can make. They have less incentive to build more homes, “particularly lower-priced housing with lower margins,” Moody’s Analytics says.
COVID-19 is considered to have made the housing crisis worse, as buyers and renters looked for more space during lockdowns. Historically low-interest rates in many countries, which make it cheap to borrow money, have fueled this phenomenon.
And this article
zillow.mediaroom.com
Reforming zoning rules to allow for more density is key for more homes to be built. Experts overwhelmingly agree that relaxing zoning laws is one of the best ways to improve affordability, and these types of measures have broad support among homeowners and renters. Even adding a modest amount of density in the country's biggest markets could create millions of new homes.
All you will hear is Kamala saying she will build more and give money away, but never addressing the causes of the housing crisis other than blaming Trump.
LOL. What useless morons we have in government.
In fact, giving money to first time home buyers will probably just cause prices to go up.
Here are a few articles that shed light into the problem
A shortage of land, lending, labour and materials since the financial crisis in 2008 are the main causes of the US housing shortage, the Moody’s study finds.
This has driven up costs and cut the profit margins builders can make. They have less incentive to build more homes, “particularly lower-priced housing with lower margins,” Moody’s Analytics says.
COVID-19 is considered to have made the housing crisis worse, as buyers and renters looked for more space during lockdowns. Historically low-interest rates in many countries, which make it cheap to borrow money, have fueled this phenomenon.
And this article
The U.S. is now short 4.5 million homes as the housing deficit grows - Jun 18, 2024
![zillow.mediaroom.com](https://zillow.mediaroom.com/2024-06-18-The-U-S-is-now-short-4-5-million-homes-as-the-housing-deficit-grows/images/favicon.png)
Reforming zoning rules to allow for more density is key for more homes to be built. Experts overwhelmingly agree that relaxing zoning laws is one of the best ways to improve affordability, and these types of measures have broad support among homeowners and renters. Even adding a modest amount of density in the country's biggest markets could create millions of new homes.