Cohousing-L Mailing List: Affordable Housing

[Sharon Villines (sharon]

An interesting article in the NYTimes today looking at home prices, ways to 
reduce them, and why they are too high or too low. It’s a study by the 
economists Chang-Tai Hsieh, from the University of Chicago’s Booth School of 
Business, and Enrico Moretti, from the University of California, Berkeley. 

Local land-use regulations reduce the United States’ economic output by as much 
as $1.5 trillion a year, or about 10 percent lower than it could be.

Includes a chart showing how housing costs would go up or down in large cities 
if land use regulations changed. And how other countries do it. Apparently in 
Japan housing has not risen in cost because Japan builds to demand.

http://tinyurl.com/jkz4gse

Sharon
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Sharon Villines, Historic Takoma Park, Washington DC 
Where all roads lead to Casablanca