How Government Limits Affordable Housing
Isn’t it curious when our elected officials talk about “affordable housing” since one of the largest barriers to “affordable housing” is the government? In their infinite wisdom, our legislators pass laws that actually restrict the housing supply. They require developers and home builders to wait years for permits to build homes and then require them to set aside a certain percentage of the homes to be sold as “affordable housing”. Read the National Bureau of Economic Research report here.
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