Our housing affordability crisis requires unique approaches, individually tailored to municipalities and localities. However, one way to help alleviate the crisis broadly is to break down barriers to construction.
California and its new, restrictive statewide rent control law is the hot topic in housing news, but one mayor in the Golden State is cutting against his home state’s grain and speaking up for commonsense affordable housing policies.
Thanks to an influx of new residents, D.C.’s population exceeded 700,000 residents for the first time in 40 years last year. And it could be home to up to 900,000 people by 2035 if current trends continue. However, a lot has to change to accommodate that growth.
What do you get when you combine equal parts wood, concrete, plumbing, drywall and insulation? If you’re a developer, it usually comes with a pile of paperwork and a mountain of construction fees.
This week, twenty presidential hopefuls will take the stage in Miami for the first Democratic primary debate. In between all the personalities and policy proposals, housing affordability is among the issues expected to receive considerable attention.
Lawmakers in Illinois are pushing to repeal the state’s decades-old ban on rent control. HB 2192, sponsored by State Rep. Will Guzzardi (D-39), would replace the ban with six regional rent control agencies.
Over the past decade, home prices and rents have risen twice as fast as incomes in the Puget Sound Region. For many, this means being priced out of the neighborhoods they grew up in. That could soon change as a result of a $500 million pledge from Microsoft.
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