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New York City is the biggest city in America, with a population of 8.5 million people. Yet according to a new report released by the New York Building Congress, the city is on track to complete just 11,000 new housing units this year.

A political scientist at the University of Denver crunches the numbers on a recent ballot question to build more housing. His conclusion: NIMBY homeowners were the biggest predictor of opposition to development.

A scholar with the Washington Policy Center argues: “Theory and real-world results show unequivocally that laws that artificially disincentivize housing providers from creating and retaining housing supply push low-income renters to the brink and even into the ranks of the homeless.

In a recent op-ed, former New York Lieutenant Governor Betsy McCaughey writes, “The evidence is in: Rent regulation is a political scam. There are better ways to help Americans afford a place to live.”

Check out two federal policy solutions for addressing the housing affordability crisis: one to boost the housing supply and another to help address the demand side of the problem.

Last month, in Montgomery County, Maryland, the County Council debated – and then ultimately passed – rent regulation. A detailed rundown of all the particulars in the final version can be found HERE, but the three most important components of it are summarized below.

“Do we bring it up every two years? There’s other things we can talk about with regard to housing. Why are we letting this take up oxygen?” Massachusetts House Majority Leader Mike Moran (D-Brighton) said in a recent news report.

We know that rent control laws lead to a reduction in the available supply of rental housing in a community, and that is just one of the reasons we warned against adopting these unhelpful policies in St. Paul, Minnesota. Now we are seeing the impact of rent control policies on construction as well.